Policy & Regulation

The Federal Reserve Board has lifted regulatory actions against Huntington Bancshares in Texas and Buckeye Bancshares in Ohio.

The House passed two financial services bills on Monday, the Audit Integrity and Job Protection Act and the Financial Competitive Act of 2013.

A recent flurry of directives indicates the Basel Committee is committed to establishing uniform, international capital standards that improve the safety and soundness of large, interconnected banks.

Banks and payment networks are pressing state lawmakers to bar retailers from charging customers more to pay with credit cards than with debit cards or cash.

The House passed two financial services bills on Monday that would retain a public company's choice of external auditors and require the Financial Stability Oversight Council to study the impact of derivatives provisions under the Basel III capital standards.

Regulators ordered Texas-based Expert Global Solutions, the world's largest debt collection firm, on Tuesday to pay a $3.2 million fine for allegedly making illegal collections calls and not verifying debt in dispute.

Big banks are taking steps to defend themselves against cyberattacks, but regulators and policymakers want to see more progress.

The FDIC unveiled a plan Tuesday that would raise the leverage ratio for bank holding companies deemed globally systemically important to 5% while their insured subsidiaries would face a 6% leverage ratio.

We need to encourage private lenders to return to the market. Until that occurs, the FHA will need to fill the gap.

Regulators have yet to finish cracking down on JPMorgan Chase's (JPM) credit card collection operations, but the bank already appears to be paying a hefty price.