Policy & Regulation

The Massachusetts Democrat, known for helping craft the Dodd-Frank reform law, may be putting his retirement on hold.

Some feel the looser standards will have a positive effect on the economy, while others argue the easing simply represents the latest example of regulators giving banks their way.

Rep. Luis Gutierrez, the third highest-ranking Democrat on the Financial Services Committee, is taking a leave of absence from the panel to focus on immigration reform.

As Washington continues the perpetual debate over how to regulate the industry post-crisis, these leaders will likely set the tone.

Shelter Insurance joins the growing list of insurance companies to unwind its bank after it faced having more than $1 million in annual costs tied to Dodd-Frank.

Business borrowing from commercial banks appears to have jumped at an annual rate of 11% in the fourth quarter, reversing two quarters of fading momentum.

A deal between regulators and 10 major mortgage banks will end a troubled foreclosure review process. However, the latest plan faces troubles of its own.

Every year that passes, politicians, bankers and even some financial regulators forget how illiquidity helped the 2008 financial crisis spread like wildfire.

Michael Corbat is reorganizing Citi's top ranks for the first time since taking over in October, promoting longtime executives Jamie Forese and Manuel Medina-Mora to co-presidents.

The deal clears up a major source of uncertainty at the banking giant and is likely to lead the way for similar settlements between Fannie and other big mortgage originators.