Policy & Regulation

Hillary Clinton edged out Donald Trump in a mock election poll Tuesday at the Consumer Bankers Association conference, winning 52% to 48%.

Policymakers need to closely study whether new regulations are hampering liquidity in the fixed-income market, a prominent banker and regulators said Monday.

The Consumer Financial Protection Bureau's move to collect complaints about online marketplace lenders is a sure sign it is laying the groundwork for rules or enforcement actions against the industry.

Smaller players are losing ground to deep-pocketed large banks that can both absorb compliance costs and invest in the most up-to-date technology, M&T's longtime CEO said in his annual letter to shareholders. He also worried about banks' shrinking role in the ever-changing lending landscape.

President Obama on Monday defended his administration's record on financial reform and the performance of officials he put in charge of implementing it, responding to critics in both parties who have claimed that the financial system is less safe since the 2008 financial crisis.

The Office of the Comptroller of the Currency is collecting data on the decision-making process of banks that detach themselves from certain business sectors or geographical regions to limit potential heightened scrutiny from regulators, a process often called "de-risking."

Citigroup executives involved in the issuance of residential mortgage-backed securities at the center of the 2008 financial crisis will not be facing criminal charges for selling toxic bonds, U.S. authorities have determined.

Wells Fargo and a Rhode Island government agency were sued by a U.S. regulator for allegedly misleading investors about how much money a company led by former Boston Red Sox pitcher Curt Schilling needed to develop a video game.

WASHINGTON — The Consumer Financial Protection Bureau is taking aim at marketplace lenders, announcing Monday that it is accepting complaints about the developing industry and releasing a bulletin to inform the public about such firms.

Having banks hold fortress balance sheets and be limited to traditional intermediation would require giving them monopoly status over certain products.