Policy & Regulation

Industry groups are urging the Federal Housing Finance Agency to end the sweep of profits of the GSEs so that Fannie and Freddie can rebuild capital.

De-risking can be curbed with tools that help lower the cost of complying with anti-money-laundering rules but do not sacrifice the effectiveness of controls.

The Federal Reserve voted Tuesday to consider a proposal that would limit counterparties' contractual rights to early payment in the event of a big bank default — rights that industry groups have argued reach too far.

The Consumer Financial Protection Bureau is expected to issue a proposal Thursday that would limit the use of arbitration clauses on millions of financial contracts from cellphones to credit cards to checking accounts. Here are key areas to look at when the plan is released.

Freddie Mac won't make a dividend payment to the Treasury Department after declining interest rates and widening spreads on investments triggered a $354 million first-quarter loss for the mortgage finance giant.

American Express Co. shareholders rejected a proposal that would have pressed the credit-card issuer to name an independent board chairman by a narrower margin than a year earlier.

Bank of America said it reached a $190 million agreement to resolve a six-year-old legal claim from Federal Home Loan Bank of Seattle over mortgage-backed securities sold before the financial crisis.

Regulators cited a slew of technical concerns in their response to megabanks' living wills, but the technological, logistical and legal flaws they found appeared to center around a single issue: liquidity.

Delinquencies in loans related to the energy sector will continue to increase, but banks have taken actions to limit the losses and are still lending to other markets, according to a report issued Monday by the Federal Reserve Board.

In a speech Sunday, Federal Reserve Bank of New York President William Dudley gave credence to concerns that post-crisis regulatory reforms may have dried up liquidity in the Treasury and corporate bond markets, but said more examination is needed to guide effective policy.