Policy & Regulation

A group of U.S. bankers has told top Federal Reserve officials that regulators' focus on restraining bankers' pay is creating "unnecessary tension."

The Basel Committee on Banking Supervision said it discovered deficiencies among the 27 member countries in how they were adopting Basel III.

The Treasury has commenced another auction of Tarp holdings. At least banks are planning to use the auction as an opportunity to retire preferred shares that will carry a 9% interest rate in late 2003.

The ATM industry is hopeful of getting relief from one source of its legal troubles as momentum builds to eliminate a law requiring operators to disclose ATM fees on the machines' exteriors via stickers or other signs.

In the years during and after the financial crisis, American families' net worth decreased to levels not seen since 1992. Regulators cited home equity declines as the primary reason behind the drop.

Two California men are facing conspiracy and money laundering charges for allegedly scamming dozens of consumers of their credit consolidation payments.

In the new book "The Lost Bank," a reporter who chronicled Washington Mutual's rise and fall offers new details about its collapse and what it says about the banking system.

Words like "oppressive" and "harsh" have been replace recently by terms like "fair" and "cooperative" in bankers' descriptions of how examiners are treating them. Thanks to go mostly to the improved condition of many institutions.

Occupy protestors staged sit-ins at a foreclosed home in Minneapolis that resulted in 20 arrests. Problem is, the homeowners had vacated the property weeks before the protestors arrived.

True markets are transparent, competitive, regulated and fair. None of these adjectives accurately describes the CDS business.