Policy & Regulation

John Walsh, the acting Comptroller of the Currency, used an appearance at the American Bankers Association's governmental summit to state the case against creating an alternative appeals process.

The testing process penalizes banks if their capital estimates veer from the Federal Reserve's, but the central bank has failed to show that its estimates are any better.

The Federal Trade Commission this week summarized its recent work on debt collection issues in a letter.

The American Bankers Association told attendees at its Government Relations Summit that now is not the time to “play footsie” with lawmakers and regulators.

Stung by the recent skimming scandals that rocked banks in Singapore, the country’s apex monetary authority says it is working with the financial institutions to safeguard their systems and operating capability.

In a time of crisis, banks are challenged to communicate to irate and frustrated customers over Twitter, Facebook and blogs. And in most cases, the banks don't win.

Is it inevitable? Will community banks as we know them cease to exist over the next 10 years, with large, regional and multi-state banks along with credit unions left to fill the gap?

Senate Democrats Tuesday failed in an attempt to scale back a bill meant to ease the path for small banks to raise new capital.

Treasury Secretary Tim Geithner attempted to reassure Republican lawmakers who worry that tough new regulations in this country will put U.S. banks at a disadvantage and that taxpayers will need to bail out struggling European nations.

The Federal Reserve Board has terminated a written agreement with Mid America Bank and Trust Co. in Dixon, Mo.