Policy & Regulation

After nine months of consideration, the Fed said the merger of Capital One with ING Direct USA did not pose a systemic threat, but placed conditions on the deal to ensure the combined institution did not become one.

The Obama administration's reasons for charging banks $61 billion are disingenuous and transparently political. The tax has nothing to do with recouping Tarp costs or making the system safer.

The Federal Reserve Board's failure to announce a final decision on Capital One Financial Corp.'s $9 billion deal to buy ING Direct USA has left many observers wondering what's going on behind the scenes.

The Federal Reserve has reached a written agreement with Commerce Bancshares Inc. in Franklin, Tenn.

While the industry waits to see the final, detailed terms of the mortgage servicing settlement, officials released two documents Tuesday summarizing the highlights of the deal.

WASHINGTON – Joseph A. Smith, Jr., who will monitor the 49-state mortgage settlement with the five largest servicers, resigned Tuesday as North Carolina's bank commissioner.

The housing market continues to suffer from a painful and prolonged hangover commensurate with its worst binge in U.S. history and many politicians and Fed officials are anxious for a housing rebound to pull the rest of the economy along.

A quick look at policies, fee revenues and agency budgets in the administration's 2013 proposal - and how it all affects banks.

The Department of Housing and Urban Development has withdrawn a proposed rule that would have allowed government-backed Farm Credit System lenders to make more home loans.

President Obama announced Monday a doubling of a proposed tax on big banks to $61 billion. For the White House, the political appeal is obvious but the proposal itself appears highly unlikely to ever become law.