Policy & Regulation

Presidential candidate Sen. Bernie Sanders, I-Vt., has virtually no chance of winning the White House, but he will likely force "too big to fail" to be part of the campaign trail.

Senator Bernie Sanders proposed legislation to break up the nation's biggest banks, including JPMorgan Chase and Bank of America, setting up a contrast with Hillary Clinton as both seek the Democratic presidential nomination.

Federal Reserve Chair Janet Yellen said that leveraged lending, high-interest debt and elevated stock valuations are all signs of firms engaging in risky loans to boost yield in the zero interest rate environment.

WASHINGTON — Financial Crime Enforcement Network Director Jennifer Shasky Calvery said Wednesday that Internal Revenue Service examiners are conducting bank-like exams of virtual currency firms for possible anti-money laundering violations.

Former Federal Deposit Insurance Corp. Chairman Sheila Bair has been named president of Washington College, a small liberal arts school in Chestertown, Md.

U.S. authorities have fined the San Francisco startup $700,000 over violations of the Bank Secrecy Act, according to the Financial Crimes Enforcement Network's Tuesday press release.

Nationstar Mortgage Holdings swung to a significant loss as the servicing segment's income fell due to higher prepayments amidst the decline in interest rates and lower benefits.

The CFPB found that more than 26 million consumers are effectively "credit invisible" because they have no credit record and another 19 million are "unscored" because they have an insufficient or stale credit history. But it's unclear how the CFPB plans to tackle the issue.

Bolstered by higher originations, Freddie Mac reported Tuesday that net income was $524 million for the first quarter, up from $227 million a quarter earlier.

Vincent Delie, CEO of F.N.B., discusses the costs of and difficulty in complying with size-related regulations, his outlook for acquisitions and the Baltimore market.