Policy & Regulation

The Justice Department has subpoenaed another subprime auto lender as it extends its investigation into the industry.

Seaway Bank and Trust in Chicago has entered into a consent order with state and federal regulators.

The Consumer Financial Protection Bureau on Friday announced four appointments to the agency’s leadership team

The focus on raising the $50 billion-asset threshold determining which banks face the toughest provisions is highlighting interest in letting more community banks enjoy exemptions written into the law.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

MasterCard will remove the current block on U.S.-issued card transactions in Cuba starting March 1, 2015.

Hacker groups like Anonymous have announced plans to target banks that are helping to finance ISIS and other terrorist organizations. But it is governments, banks and regulators that need to work harder at rooting out the sources of ISIS's funding.

WASHINGTON — Wells Fargo and JPMorgan Chase could face more than $35 million in penalties and restitution for allegedly receiving data on consumers and other services in return for directing customers to a Maryland-based title company.

The consumer bureau and Maryland's AG allege the loan officers received consumer data and other services in return for business referrals.

BB&T plans to add more than $20 billion in assets this year through three pending acquisitions. Management, which believes it should have no problem getting its deals approved, has started to improve how it monitors its liquidity capital ratio before new thresholds kick in.