Policy & Regulation

Until the Fed threatens to raise rates soon, commercial borrowers will take their time seeking credit, and the economy will keep plodding along, the U.S. Bancorp CEO Richard Davis says.

Directors at community banks could also face more liability as regulations, including the qualified mortgage rule, are implementing in coming months

To set monetary policy and function as a lender of last resort, the Board of Governors must have the expertise to understand the operations and condition of financial institutions.

U.S. consumers increased their debt in the third quarter by the largest amount since early 2008, the Federal Reserve Bank of New York said Thursday.

The Federal Deposit Insurance Corp. is seeking $6.3 million in damages from three former directors of the failed Progress Bank of Florida in Tampa.

People without an extensive derivatives background can learn about the nuances of these financial contracts. Massad's law degree, stint as Tarp adviser and global professional experience will help him achieve the CFTC's mission of derivatives reform.

Beleaguered bank JPMorgan Chase (JPM) shot itself in the foot with its own Twitter hashtag on Wednesday afternoon, demonstrating the many potential pitfalls for banks and other big corporations that try to harness Twitter for their own purposes.

WASHINGTON — Janet Yellen, the president's nominee to head the Federal Reserve Board, pledged Wednesday to continue to use supervisory tools at the central bank's disposal to minimize the chance of another crisis.

The U.S. Department of Housing and Urban Development for the first time failed to sell some of the soured mortgages it's auctioning off in the wake of the housing crisis, according to four people with knowledge of the results.

The former president and chief executive of a failed bank in Savannah, Ga., has pleaded guilty to a conspiracy charge in a loan-fraud scheme.