Policy & Regulation

The industry is so worried that a proposed FCC rule could hamper communications with members that some trade groups are seeking help from an unlikely ally -- the Consumer Financial Protection Bureau.

Many banks have already scaled back home lending or even left the business. With profit margins shrinking, inventories of homes at crisis levels and competition from nonbanks intensifying, that’s unlikely to change.

Ronald Rubin was asked by the state’s chief financial officer to resign after a review of an inspector general’s report detailed allegations of sexual harassment. Instead, Rubin is countering with accusations against the CFO.

Wider net interest margins compared to a year earlier helped make up for a slight decline in loan balances, as nearly two-thirds of banks reported higher profits in the first quarter.

Branches are closing at the fastest pace in years, and keeping them relevant to customers is a problem banks are being forced to solve in ever more creative ways.

Jelena McWilliams said federal bank regulators could begin "within a week or so" to discuss a draft proposal for reforming the Community Reinvestment Act.

While there’s been dramatic innovation in the banking sector in recent years, regulators and startups can better collaborate around these developments.

More than 66% of the banks reported a jump in net income during the first quarter but new risks are emerging in interest rates and underwriting, the Federal Deposit Insurance Corp. said Wednesday.

It's tempting to reach for higher returns on securities in anticipation of tightening margins. However, that strategy has pitfalls, including underestimating risks or being caught flat-footed by future rate moves.

The agency's spring rulemaking agenda includes the process for collecting small-business data as well as underwriting rules for GSE-backed loans. But what's missing from the list may be just as important.