Policy & Regulation

Keefe, Bruyette & Woods is advising investors to steer clear of most big banks' stocks in 2012 and invest instead in life insurers, credit card companies and smaller-cap regional banks.

Lars Svensson, deputy governor of Sweden's central bank recently urged the Federal Reserve to find ways to push borrowing costs lower — this even though we already have the lowest nominal interest rates in modern history.

Phishing scams involving all types of payment methods are on the rise nationwide and the latest one in North Dakota involves Green Dot Corp.’s MoneyPak.

During debate on the confirmation of a director for the Consumer Financial Protection Bureau, Maine Sen. Olympia Snowe found herself largely alone on a political island.

In 1982, in the height of the first savings and loan crisis, the Federal Savings and Loan Insurance Corporation announced a new policy that would seek to hold those responsible — particularly directors and officers — for losses ultimately suffered by the FSLIC in resolving their failed institutions.

Although the push to confirm Richard Cordray to the Consumer Financial Protection Bureau failed, Democrats appear to gaining political ground and successfully portraying Republicans as too tied to Wall Street.

The MF Global collapse provides an important lesson concerning the effectiveness of the principal or proprietary banking model.

Despite new limits on debit card interchange, the price of Slurpees has stubbornly remained the same, according to a survey completed by the payments industry’s lobbying group.

The payments industry's lobbying group is touting its findings that some merchant opponents have not lowered prices since the debit card swipe fee caps went into effect.

When a Chicago man fell behind on his car payments, he claims in a new lawsuit that his lender tried to ruin his marriage by leaving a phone message mentioning his girlfriend.