Policy & Regulation

FDIC third quarter report shows pop in loan buybacks and indemnifications.

The Consumer Financial Protection Bureau has pushed back three key rulemakings – including the highly anticipated proposal on payday lending – until next year.

The Consumer Financial Protection Bureau has pushed back three key rulemakings - including the highly anticipated proposal on payday lending - until next year.

Regulators are urging senior bank management to spearhead the effort to improve cyber risk management. Executives would be well advised to act before fines and other enforcement actions are handed down.

Banks and thrifts earned $38.7 billion in the third quarter, a 7.3% increase from a year earlier but slightly down from the $40.1 billion earned in the second quarter, the Federal Deposit Insurance Corp. said Tuesday.

The Loan Syndications and Trading Association is asking a D.C. Court of Appeals to throw out the final risk retention rules that banking and securities regulators approved last month, arguing it was written in an "arbitrary, capricious" way. That may make other industry groups unhappy.

With new bank chartering at a standstill, the Federal Deposit Insurance Corp. has issued new guidance on de novo capital requirements and other issues in part to "demystify the application process."

Before the CFPB imposes new rules on overdraft fees, it should consider whether restricting consumer access to this feature could drive people to more expensive alternatives like payday loans.

Banks and regulators aren't the best judges of what constitutes a clear and transparent disclosure form. The CFPB could fix the problem by holding a contest that asks professional designers to create models that convey important information in a way that consumers can understand.

Electronic commerce has made our world closer than ever.