Policy & Regulation

Bank of America, Wells Fargo and Citigroup were among the largest clients of firms whose products led to a $210 million settlement between Capital One and federal regulators.

Wal-Mart balks at card settlement; analyst praises bad customer service at Wells Fargo; Sandy Weill, empire-builder, calls for dismantling of empires.

Capital One will pay $12 million to thousands of military customers it overcharged for loans and improperly foreclosed upon, as part of a settlement with the Department of Justice and the Office of the Comptroller of the Currency.

Beth Mooney believes regional banks have a competitive advantage against their largest competitors given the "onerous" compliance requirements for $1 trillion-asset banks under the Dodd-Frank Act.

Regulators implementing Dodd-Frank met with big banks nearly 1,300 times in the past two years, but held only 242 meetings with reform-oriented organizations, according to a report from the Sunlight Foundation.

Sens. Orrin Hatch and Jerry Moran are accusing the Treasury Department of inappropriately using Twitter and Facebook to push the Obama administration's priorities on Capitol Hill.

The Treasury secretary said Thursday that an extension of the crisis-era program, which remains popular with community banks, appears to be unnecessary.

Capital One will pay $12 million to military customers it overcharged for loans, as part of a settlement with the Justice Dept. and the OCC.

Bank of America Merrill Lynch has expanded the global reach of its payment cards while also preparing to provide new technology to clients in the Single Euro Payments Area who will soon deal with far more cross-border payments.

The Federal Deposit Insurance Corp. urged bank CEOs to watch out for middlemen seeking upfront fees to connect them with capital because, it says, many are frauds. The alert should have come sooner, some industry officials say.