Policy & Regulation

The Federal Reserve Board, Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency released a proposal on Thursday that would institute tougher liquidity requirements on U.S. financial institutions.

The Consumer Financial Protection Bureau accused Borders & Borders PLC, a Kentucky law firm, of receiving illegal kickbacks from certain charges on real estate settlements.

Edward DeMarco, acting director of the Federal Housing Finance Agency, said Thursday that the agency has no immediate plans to lower the size of the loans the government-sponsored enterprises can buy, though he left the door open for future reductions.

Regulators unveiled a proposal Thursday that would institute tough new liquidity requirements on U.S. financial institutions, acknowledging that their plan is harsher than a global framework suggested by international supervisors.

The Consumer Financial Protection Bureau is suing a Kentucky law firm on allegations that it received illegal kickbacks from certain charges on real estate settlements.

Chad Fuller and Victoria Holstein-Childress have joined the Atlanta law firm to help defend banks against lawsuits and government probes.

Two senior House Democrats introduced legislation Thursday designed to give regulators additional authority to go after bank executives at institutions involved in money laundering scandals.

A paper released by the Bipartisan Policy Center suggests that the so-called "push-out" rule for banks' swap business may be unnecessary if regulators effectively implement Dodd-Frank's ban on proprietary trading.

Bloomberg estimates big banks receive an $83 billion taxpayer ‘subsidy’ a year. But calculating bank funding levels at normal, as opposed to crisis times, and accounting for Dodd-Frank compliance costs yields a very different estimate.

The Federal Deposit Insurance Corp. has agreed to cooperate with China's central bank to address potential cross-border issues in resolving failing institutions.