Policy & Regulation

A successful prosecution of JPMorgan would throw into disarray the bank’s substantial and highly lucrative asset management business, among other disincentives for the government to pursue a criminal case.

JPMorgan Chase (JPM) has agreed to pay $5.1 billion in settlements to the Federal Housing Finance Agency, Fannie Mae and Freddie Mac, federal officials said Friday.

News of the government's $13 billion settlement with JPMorgan Chase prompted emotional arguments for and against the bank, as well as satire of all the outrage.

JPMorgan Chase's tentative agreement to pay a record $13 billion to end civil claims over its sales of mortgage bonds has hit a snag because of the bank's bid to make the FDIC liable for part of the payment, a person familiar with the talks said.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

With Chairman Hensarling's plan to overhaul the mortgage finance market stuck in limbo, several Democrats have begun work on alternative proposals that could further divide support for the GOP bill.

Six financial regulators issue new racial and gender diversity policies. Directors of each regulator's diversity division helped form new policies that were required under the Dodd-Frank Act.

Five banking and credit union regulators issued a joint statement Tuesday stating that lenders who provide qualified mortgages should not be concerned about inadvertently violating the fair-lending law known as the Equal Credit Opportunity Act.

A dedicated federal insurance regulator would understand the risks of the insurance business – which are fundamentally different from those in banking – while monitoring systemic dangers posed by the largest insurers.

Federal banking regulators are recommending banks bolster underwriting standards for leveraged commercial loans as borrowing of the high-risk debt approaches levels not seen since before the financial crisis.