Policy & Regulation

Castro takes helm as housing recovery continues to lag the rest of the economy.

A U.S. district court ordered BNP Paribas SA to pay $80 million for submitting false claims for payment in a federal grain export program.

Sen. Sherrod Brown, D-Ohio, has scheduled a hearing next Thursday to discuss a highly anticipated Government Accountability Office report on "too big to fail" due out the same day.

Although the proposal to add more Home Mortgage Disclosure Act requirements was required by the Dodd-Frank Act, those in the lending industry said they were taken aback by the amount of additional information the CFPB is seeking, arguing it goes way beyond the regulatory reform law.

Friends of Traditional Banking has narrowed its watch list of candidates for the November elections, saying it will focus solely on Senate races this year.

Bank of America agreed to pay $16.6 million to resolve claims it processed transactions for drug traffickers.

Banks can ensure that their oversight teams help to propel the whole company forward by creating a thorough governance structure and hiring overseers with experience in key business lines.

Banks face an overhaul of international rules for measuring losses on loans, derivatives and other assets as regulators seek to prevent a recurrence of the fire sales seen in the last financial crisis.

The U.S. Treasury, which finances more than 90 percent of new student loans, is exploring ways to make repayment more affordable as defaults by almost 7 million Americans and other strapped borrowers restrain economic growth.

Jeremy Allaire, CEO of Circle Internet Financial, explains how his company follows anti-money laundering and know-your-customer regulations in a field associated in the public mind with anonymity and black markets. He also discusses the risk-based approach to AML and why compliance won't necessarily undermine Bitcoin's cost advantage as a payment system.