Policy & Regulation

One reason so many federal thrifts have switched to other charters is that the Qualified Thrift Lender test impedes their commercial lending. However, a top regulator says he wants it eliminated.

The new liquidity coverage ratio requirements will compel the country's largest banks to take data integrity and timely, accurate reporting more seriously, writes Mayra Rodríguez Valladares.

Edward J. DeMarco, who worked to shrink Fannie Mae (FNMA) and Freddie Mac (FMCC) as their U.S. overseer after the 2008 financial crisis, started a new job this week: senior fellow at the Milken Institute's Center for Financial Markets.

The reduced pricing for Discover's signature debit card network will apply to the more than 4,000 banks that are members of the American Bankers Association.

Updated rules to govern banking after the financial crisis are creating complexity and encouraging lenders to contemplate bailouts, according to Sheila Bair, former chairman of the Federal Deposit Insurance Corp.

On a day when the banking agencies finalized the new liquidity measure for large institutions, they also issued rules dealing with swaps margin requirements and how institutions calculate their overall leverage exposure.

The Federal Reserve Board’s Beige Book said that lenders are cautious on residential lending but "fiercely competitive" over commercial lending.

The Consumer Financial Protection Bureau issued a warning to credit card companies that use deceptive marketing to mask hidden charges within promotional interest rates.

The Consumer Financial Protection Bureau issued a warning Wednesday to credit card companies that use deceptive marketing to mask hidden charges within promotional interest rates.

WASHINGTON — The Consumer Financial Protection Bureau issued a warning Wednesday to credit card companies that use deceptive marketing to mask hidden charges within promotional interest rates.