Policy & Regulation

The central bank said it will begin a comprehensive capital analysis of 31 financial institutions, including a new round of stress testing for 19 of those banks. Such institutions must be "well prepared" to meet new international capital standards when they file capital plans next year, according to the Fed.

Banks with more than $50 billion of assets must be "well prepared" to meet new international capital standards when they file capital plans next year, according to a final rule issued by the Federal Reserve Board on Tuesday.

While banks earned $35.3 billion in the third quarter, the FDIC warned that such profits are unsustainable without greater loan growth.

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A group of retail trade groups allege that the central bank did not properly follow the instructions of Congress when it capped interchange fees at around 21 cents per transaction.

At the end of October, the Obama Administration announced changes to the Home Affordability Refinance Program that conceivably will make as many as 2 million more homeowners eligible for refinancing over the next two years. This will lower the default risk for the government sponsored entities and their ultimate backers, the American taxpayers, and should provide some level of economic stimulus.

As Dodd-Frank regulations come into focus, critics say they're complex to the point of being unworkable. Here's a simple solution.

First Midwest Bancorp Inc. in Itasca, Ill., has completed the sale of $115 million in senior notes and will use the proceeds to exit the Troubled Asset Relief Program.

South Korea’s antitrust watchdog reportedly has launched a probe into whether banks and card networks manipulated the service fees they charge their customers, local newspaper the Korea Herald reported Nov. 20.

The Office of the Comptroller of the Currency released new details Tuesday about the progress servicers are making in fixing problems with their foreclosure practices. The actions are required under consent orders regulators signed with the 14 largest mortgage servicers in April.