Policy & Regulation

The Office of the Comptroller of the Currency "underestimated" the risk of poor foreclosure practices at national banks and did not devote enough examination resources to identify those problems, according to the agency's chief watchdog.

Incensed shareholders and lawsuits triggered by failed say on pay votes aren't the half of it. Just wait until the expected M&A wave unleashes 'say on golden parachute' litigation.

Former U.S. Senator Christopher Dodd weighed in on JPMorgan Chase's much-publicized trading loss Thursday, pointing to it as validation of the need for the landmark financial reform legislation he co-authored.

As leaders of church and national minority business organizations, few of our congregants or constituents understand or care about the Volcker Rule. Most, however, are concerned about the growing gap in compensation between the working poor and that of the CEOs of major banks, such as Citigroup and JPMorgan Chase.

Societe Generale SA (GLE.FR) Chief Executive Frederic Oudea said it was too early to set up a banking union in Europe aimed at protecting depositors and preventing failing banks from threatening the financial system.

Heavy turnover after the near-death experiences of B of A and Citi have left their boards packed with veterans of finance and government. Captains of old-line industries make up the third largest contingent among the nation’s largest banks.

Even after adjusting for tax differences, S Corp banks generally outperform their C Corp peers.

The late Hyman Minsky's historic research on financial crises remains timeless.

Abacus Federal Savings Bank and more than a dozen of its former employees are facing criminal charges related to a scheme in which it allegedly falsified information on mortgage applications so that unqualified borrowers could secure loans.

The Consumer Financial Protection Bureau said Thursday it was seeking additional comments on the ability-to-repay rule, dashing expectations that a final rule would come by the end of June.