Policy & Regulation

If we can rate the reliability, safety and efficiency of automobiles, we can do the same for bank risk management.

In the immediate aftermath of the superstorm Sandy, prepaid cards were summoned to help even though the products have spotty track record in times of extreme need.

More than 600 collection agencies and creditors were sued in the Nov. 1-15 period and FDCPA legislation is on track to finish six percent behind last year's record, according to data from district courts.

The House Democratic Caucus formally elected Rep. Maxine Waters Tuesday as ranking member for the House Financial Services Committee.

The Senate passed an amendment Monday that would tighten a law barring lenders from charging members of the military more than 36% interest on their loans.

The FDIC's third-quarter report on the health of the industry shows lending climbed upward, but reduced loss provisions and sales of existing assets are what boosted earnings.

Federal Reserve Board Gov. Daniel Tarullo voiced concern Tuesday about a potential move to reestablish Glass-Steagall, a Depression-era law that separated investment and commercial banking.

The Credit Union National Association is urging Senate leaders not to pass an extension of the Transaction Account Guarantee program.

Just when you thought it couldn't get any nastier between banks and credit unions, the credit unions are opposing a TAG extension that many small banks have been pushing for.

Anywhere in the world, if you had $55 billion in capital, and then lost $55 billion, your capital would be zero. But under the Fed’s own special accounting rule, if it lost $55 billion, its capital would still be $55 billion.