Policy & Regulation

Many lenders shy away from adjusting monthly payments based on struggling borrowers' income for fear of losing too much money, but the Education Department's expansion of such plans for student loans and new data-crunching products have reframed the longtime discussion.

Federal Deposit Insurance Corp. Chairman Martin Gruenberg, discussing progress in establishing big-bank resolution regimes, said the Federal Reserve is developing a rule "to codify" the swaps protocol involving termination rights.

WASHINGTON — A new mortgage disclosure regime due to take effect on Aug. 1 is unlikely to cause closing delays, according to Consumer Financial Protection Bureau Director Richard Cordray.

Deutsche Bank has hired the former president of the Clearing House Association to take charge of its stress testing process.

The consumer watchdog agency, along with the Federal Communications Commission and state attorneys general, said the mobile carriers would refund $120 million in excessive third-party charges to consumers and pay another $38 million in fines.

GOP staff said the bill was intended to steer clear of provisions that would have automatically delayed or derailed the bill. But Democrats already were saying it went too far. Following is a complete guide to what's in the bill.

All banks must manage risk. But this needn't be their sole focus any more than a restaurateur's sole purpose should be to prevent contaminants from getting into food.

A new study by a consumer group found that checking account disclosures at the nation's largest banks have improved, but overdraft fee practices are largely unchanged from previous years.

It's been just over one year since the Financial Crime Enforcement Network first provided instructions to banks on how they can both accept marijuana business dollars and still comply with the law. Yet few banks have opened their doors.

While we've made progress in regulating banks, it's also necessary to ask whether we are making the most of an opportunity to ensure that the financial industry serves the best interests of society.