Policy & Regulation

WASHINGTON — The Office of the Comptroller of the Currency released a final rule late Thursday that extends the deadline for banks to comply with a requirement that limits credit exposure per customer.

Fonetic, a Spanish company that provides speech analytics and voice recording software for compliance purposes, arrived on Wall Street Thursday.

The most aggressive enforcer of federal sanctions law may now be New York State. At home and overseas, this could cause a lot of people a lot of problems.

The Senate Banking Committee will hold a confirmation hearing on June 27 for North Carolina congressman Mel Watt to lead the Federal Housing Finance Agency.

Freddie Mac plans to eliminate a $7,500 annual low-activity fee that has met with a backlash among rural banks that sell a small number of loans each year to the government-sponsored enterprise.

According to Federal Reserve Board Chairman Ben Bernanke, several critical rules under the Dodd-Frank Act will be released in the upcoming months.

White House efforts to promote voluntary sharing of information about cyber threats among banks represent "an important step" but a presidential directive cannot substitute for a law, Treasury Secretary Jack Lew said.

It is time to put an end to the misuse of companies to evade taxes and advance criminal purposes.

The U.S. Supreme Court reinforced companies' power to funnel legal disputes into arbitration, ruling in favor of American Express Co. in an antitrust clash with retailers over the credit cards they must accept.

New York regulators announced a $250 million settlement Thursday with Bank of Tokyo Mitsubishi-UFJ (BTMU) for violating United States sanctions against countries including Iran, Sudan and Myanmar.