Policy & Regulation

Mid-sized banks will enjoy more time to comply with stress tests required under Dodd-Frank, while the FDIC simplifies large banks' reporting requirements under agency's deposit insurance assessment scheme.

Wells Fargo & Co. (WFC) was sued by the U.S. government over claims the bank committed fraud by making reckless mortgage loans, according to a complaint filed in Manhattan federal court.

Senator David Vitter (R- La.) predicts that regulators, using their authority under Dodd-Frank, will "once again bail out Wall Street and its creditors, perhaps with some feel-good (and probably politicized) restructuring of those firms for window dressing" when the next financial crisis hits.

FHFA is admirably trying to design a platform that will work under any future scenario for the mortgage market. But history shows large-scale projects can fall victim to sheer complexity.

Swipe fees jumped at an annual rate of 40% in the second quarter among a group of institutions subject to the new debit card price caps. Interactive data on interchange revenue at 900 companies.

A Philadelphia company that used telemarketing services to pitch platinum credit cards has settled charges brought by the Federal Trade Commission.

Federal regulators on Tuesday finalized measures requiring annual stress tests for all medium- and large-sized banks.

Many lenders are pushing ahead with tight new borrowing requirements as they wait for regulators define a "qualified mortgage," as required by Dodd-Frank.

A non-profit organization is launching a campaign to make sure bank employees know about new whistleblower protections under the Dodd-Frank Act.

New companies are constantly entering the payments industry, bringing not just new products but also new ways of doing business. And they don't always play nice.