Policy & Regulation

Sen. Elizabeth Warren is urging regulators to disclose the extent of their efforts to pursue cases against individuals and institutions, highlighting the work of the Special Inspector General of the Troubled Asset Relief Program.

Comptroller Thomas Curry’s 'heightened expectations' for large banks should include whether our communities are substantially better off as a result of their presence.

Diebold, a maker of ATMs and bank security systems, agreed to pay more than $48 million to settle allegations by the U.S. that it bribed officials in Russia, China and Indonesia.

A Treasury Department fund meant to boost loans to small businesses has spurred more than $10 billion in additional lending, the agency said Tuesday.

Diebold Inc., a maker of ATMs and bank security systems, agreed to pay more than $48 million to settle allegations by the U.S. that it bribed officials in Russia, China and Indonesia.

"Lawyers for the Federal Reserve Board filed an appeal Monday against a judgment that invalidated its 2011 rule placing a cap on debit interchange fees," writes American Banker's Donna Borak.

WASHINGTON — Financial regulators said Tuesday that lenders who only make so-called qualified mortgages should not be concerned about inadvertently triggering a fair-lending violation.

Lenders will be exposed to material put-back risk unless steps are taken to set industry standards for loan origination and processing.

The two cities join New York, L.A. and other cities in trying to force the banks that hold municipal deposits to make more loans in low-income neighborhoods. Some industry officials oppose them, while others welcome them.

Blacks and Hispanics are likely to find it more difficult to obtain credit or face paying higher prices when the "qualified mortgage" rule goes fully into effect, a process that could take up to seven years.