Policy & Regulation

A recent court ruling affirms that customers can be held responsible in cases of wire transfer fraud. But banks aren’t off the hook.

Federal Reserve Board Gov. Daniel Tarullo said Wednesday that banks will need to continue to improve their capital planning processes as part of their annual stress test exercise.

Fannie Mae and Freddie Mac suffered "significant financial harm" from "excessively priced" force-placed insurance, an inspector general's report says, advising their regulator to assess whether to sue banks and insurers for damages.

A confluence of events, including the defeat of House Majority Leader Eric Cantor, has increased the chance that Congress won't renew the charter of the Export-Import Bank. Private banks receive billions of dollars in U.S. support for loans made to promote American exports.

WASHINGTON — The Financial Stability Oversight Council on Tuesday met in a closed session to discuss short-term wholesale funding reform.

In the face of continuing criticism of the Financial Stability Oversight Council, Treasury Secretary Jack Lew said the special risk oversight panel must be allowed to do its job.

Wholesale lenders are capping broker compensation at 2.75%, below the CFPB's 3%, adding another "overlay" above and beyond regulatory requirements. Some say borrowers are being shut out as a result.

In widely anticipated legislation on Bitcoin, Canada is regulating digital currency businesses under existing rules for money movement and California is updating its laws to legalize the use of alternative currencies.

Mortgage-bond investors are urging the government to stop banks from saddling them with the costs of probes into sales of the debt.

In widely anticipated legislation on Bitcoin, Canada is regulating digital currency businesses under existing rules for money movement and California is updating its laws to legalize the use of alternative currencies.