Policy & Regulation

Mortgage servicers tied to the independent foreclosure review settlement will begin sending the first wave of $1.2 billion in checks to troubled borrowers on Friday, federal regulators said.

An honest debate over our "too big to fail" problem and a sound policy response are incompatible with a wait-and-see approach to the laws already on the books.

Fed Chairman Ben Bernanke rejected claims by big banks Monday that they should be able to see the equations the central bank uses when it calculates their stress test scores.

A provision that would raise capital standards at both small and large banks could potentially hamper the legislative effort to break up the biggest institutions.

Two Federal Deposit Insurance Corp. board members are urging policymakers to strengthen a leverage ratio that would be applied to banks of all sizes before regulators finalize the U.S. version of Basel III rules.

WASHINGTON — The Consumer Financial Protection Bureau has started taking consumer complaints on money transfers before it finalizes amendments to its remittance rule.

If we're powerless to break up the banks, we're also powerless to bail them out should they fail. Bloated size, leverage and managerial dysfunction will do the work the public can’t.

MutualFirst Financial (MFSF) in Muncie, Ind., has reduced its involvement in the Treasury Department's small-business lending fund.

Nelson Mullins Riley & Scarborough LLP announced last week that Dwight Smith, a former attorney with the now-closed Office of Thrift Supervision, was joined the firm's Washington office as a partner.

Ronald F. Bieker, a 25-year veteran of the Federal Deposit Insurance Corp., has joined the banking and financial advisory team of SolomonEdwards as a senior executive advisor.