Policy & Regulation

Capitol Bancorp had to postpone a bankruptcy hearing because, it says, the Federal Deposit Insurance Corp. repeatedly blocked it from paying the due-diligence costs of its new investors.

Next week, the Federal Deposit Insurance Corp. will focus on cross-border issues and the 2013 budget in two separate meetings.

HSBC (HBC) may be about to pay $1.8 billion to settle charges the bank served as a gateway for money laundering.

Financial institutions should, among other things, implement an information governance program, perform periodic privacy audits and learn how data is managed in the cloud.

Sen. Jim DeMint, R-S.C., announced Thursday he would leave the Senate to head up The Heritage Foundation, a conservative think tank.

In an industry where everyone seems to have an opinion, these financial services veterans have learned to leverage Facebook, Twitter, LinkedIn and other social media to their advantage.

Chicago will become the first city in the nation to provide the Consumer Financial Protection Bureau with information about local lenders' activities, including potentially fraudulent ones. The CFPB's Richard Cordray hopes other municipalities will follow suit.

An online advertising firm has settled FTC charges that it used "history sniffing" to gather data from consumers about their interest in issues from debt relief and credit repair to fertility and incontinence.

Remain vocal in conveying your opposition to unwarranted regulatory proposals. Understand your true competition by studying peer data. Eat, breathe, preach and execute sales – but sell to profitable niches in a profitable manner.

Put aside the "doom and gloom" about the fiscal cliff and focus on the things banks having going for them in the long run, BB&T CEO Kelly King urges.