Policy & Regulation

Some struggling homeowners left out of current mortgage-aid programs because their loans have been packaged into private securities could see their interest rates cut through a subsidy being considered by the Treasury Department.

Some are in new roles, some taking their banks in new directions and others most definitely on the hot seat. All eyes will be on these chief executives in the year ahead.

Michael Perry will pay the FDIC $1 million in cash from his personal funds, while the FDIC can seek the rest from Perry's professional liability insurers.

WASHINGTON — Community Bank of the Ozarks in Sunrise Beach, Mo., became the nation’s 51st failed bank of the year late Friday after it was closed by state regulators.

Deposits in accounts temporarily protected by unlimited insurance represented more than 10% of assets at more than 900 banks at Sept. 30

After spending nearly a year deliberating on an approach, the Federal Reserve Board on Friday released a proposal that will overhaul the way regulators will supervise foreign banks that operate in the United States, a significant shift from its longstanding case-by-case method.

Retiring Massachusetts Rep. Barney Frank, who chaired the House Financial Services Committee when the Democrats last held control, offered a mea culpa Wednesday to the incoming chairman of the panel, Rep. Jeb Hensarling.

Brian Moynihan said Friday the housing market continues to improve, but warned that a full transition to a largely privatized mortgage finance system is years, if not decades, away.

An activist investor group has threatened to file a lawsuit against Orrstown Financial Services (ORRF) unless the Shippensburg, Pa., company makes certain changes to its bylaws.

Only one day after Federal Reserve Board Chairman Ben Bernanke announced that regulators are close to finalizing the Volcker Rule, House Republicans continue their attack.