Policy & Regulation

The Federal Reserve Board has lifted an enforcement action against Central Pacific Financial in Honolulu, Hawaii.

Rep. Maxine Waters has asked regulators for additional information regarding the work some consultants did as part of the troubled independent foreclosure review process.

Attendees at this year's American Bankers Association conference for community banks want to exude confidence but worries over proposed capital requirements still have them spooked.

Coinbase makes it simple to buy and sell bitcoins via a bank account, but plays only to the low-fee, frictionless nature of Bitcoin and fails to leverage its unique privacy aspects.

Payment technology is gaining momentum and changing rapidly. More and more places around the world are adopting unique methods of payment.

The Illinois Department of Financial and Professional Regulation has closed the $58.4 million-asset Covenant Bank on Chicago's West Side.

In her first extensive interview since becoming the lead Democrat on the House banking panel, Rep. Maxine Waters says she has learned a lot from watching former Rep. Barney Frank's leadership and will strive to emulate his example.

Late-night comedian Stephen Colbert's show on Feb. 14 was almost entirely devoted to financial services issues, including an attack on Wells Fargo's decision to fire a call center employee and a cameo by Sheila Bair.

Bankers want to get a better understanding of how to run their businesses at a time of regulatory uncertainty.

The anonymous digital currency Bitcoin, which is already accepted on the Wordpress blogging site, has another mainstream partner. Reddit, the social news and entertainment site, now accepts bitcoins as payment for Reddit Gold, a subscription service.