Policy & Regulation

If the predictions prove correct, the benchmark rate would reach 3.50% by the end of next year.

Decades-old measures designed to rein in risky lenders are now preventing healthy banks from tapping crucial sources of funds.

Record bank profits could make it tougher to get more regulatory relief; banks monitoring older clients’ mental health.

The Massachusetts senator said the government’s findings bolster allegations that the servicer steered borrowers into expensive student loan forbearance plans.

The effort to raise the threshold for transactions excused from appraisal requirements responds to concerns that the current threshold is outpaced by real estate prices.

The agency alleges the subprime auto lender violated consumer finance laws by misrepresenting the level of guaranteed insurance protection.

Banks earned $62 billion in the third quarter thanks to tax reform and higher asset yields, while the Deposit Insurance Fund crossed a statutory threshold.

The proposed 9% ratio for institutions with less than $10 billion of assets is designed to create a simpler capital regime for small banks.

Société Générale pays more than $1 billion for working with Cuba and others; Fed vice chair in line for global regulator chief role.

Federal Reserve Vice Chairman for Banking Supervision Randal Quarles is expected to succeed Bank of England Governor Mark Carney as chairman of the Financial Stability Board, a key global financial regulator, according to two people familiar with the matter.