Policy & Regulation

The Basel system has sanctioned bank balance sheets on the verge of insolvency, but in doing so it may have permitted much more lending and much more trading.

The Federal Deposit Insurance Corp. has terminated a consent order for Idaho First Bank in McCall.

Will mortgage reform rectify past discriminatory practices or close the gap between white and nonwhite rates of homeownership? The major proposals in Washington show little interest in these critical questions.

The $1.1 billion-asset company said in a press release Wednesday that its bank had been released from a memorandum of understanding with the Federal Reserve Board.

While some saw Tim Pawlenty's unexpected recommendation to strike Syria as a sign he may be weighing a return to politics, the former Minnesota governor said he is focused on his "current job" as head of the Financial Services Roundtable.

The Consumer Financial Protection Bureau issued a stark warning Wednesday to banks and other firms that exchange information with consumer reporting agencies, saying such companies will be heavily scrutinized for how they resolve customer disputes.

The recent leadership shuffle at Banesco USA may have resulted from problems in its compliance with the Bank Secrecy Act, according to a report in the South Florida Business Journal.

The idea of subjecting U.S. financial supervision to peer review by European and Asian financial regulators with their own problems is a bit rich to swallow.

Lenders continued to face challenges with loan growth in the second quarter as interest rates increased, a Federal Reserve Board report said Wednesday.

The Dodd-Frank Act aimed to make the mortgage market safer by requiring originators to hold onto a portion of the home loans they generate. American Banker Washington bureau chief Rob Blackwell argues that under heavy industry pressure regulators have failed to live up to the spirit of the law and gutted the provision.