Policy & Regulation

Regulators apparently agree with widespread criticism that the vast foreclosure review process went off the rails.

C1 Bank will likely need to strengthen its compliance department before buying a branch in downtown Miami from U.S. Century Bank.

Despite a lackluster track record in 2012, the two SuperPACs formed by bankers are vowing to increase their influence before the next election hits.

Happy third anniversary, Brian Moynihan. Investors and others are complimenting your work streamlining the troubled Bank of America — and debating whether a new CEO is needed to kick-start growth.

Sound Community Bancorp in Seattle has ditched its federal thrift charter. The Washington State Department of Financial Institutions approved an application last week from Sound Community Bank for a state commercial bank charter, which went into effect immediately.

The U.S. Senate confirmed Carol Galante as head of the Federal Housing Administration, the agency she has spent more than a year running as acting FHA commissioner.

As 2012 progressed, one thing became strikingly clear: the card networks do not want to be left behind as new digital payment methods threaten plastic.

Mid Penn Bancorp (MPB) in Millersburg, Pa., has repaid the $10 million it owes the Troubled Asset Relief Program.

The Consumer Financial Protection Bureau finalized its first rule and took its first enforcement actions this year, but its most challenging work is still to come.

From exposes of questionable practices at megabanks to incursions onto bank turf by nontraditional players, these are American Banker's most popular stories of 2012.