Policy & Regulation

International regulators have agreed to keep a proposed capital surcharge on the world's most systemically important firms despite concern among institutions that the extra fee will be excessive and crimp lending.

India’s card issuers are bracing for a change in telecommunication rules that, while fighting mobile spam, prohibits them from sending text message solicitations to some prospective credit card customers.

A Senate subcommittee will hold a hearing next week on speculation in the commodities markets — an issue addressed by provisions of the Dodd-Frank Act, which regulators are now implementing.

The head of a congressional panel that oversees the Internal Revenue Service says a proposed rule that would require U.S. banks to report interest paid to foreign account holders would discourage foreign investment and place an unnecessary burden on banks.

Credit-default swap dealers often hold on to risk from big trades for longer than many investors thought, which may complicate efforts by regulators to impose new reporting rules in the $28.4 trillion market, according to a Federal Reserve report.

Bankers, directly and through their lobbyists, have been expressing outrage related to the Basel III rules designed to ensure the safety and soundness of the global banking system. A top spokesman at the American Bankers Association, for example, was recently quoted saying that Basel III should be "put on a shelf."

D.C. bureau chief Rob Blackwell on the key takeaways from American Banker's Regulatory Symposium.

Citizens First National Bank in Princeton, Ill., has been ordered by the Office of the Comptroller of the Currency to beef up its capital levels and clean up its loan portfolio.

Even when the overseas problem gets fixed, capital rules and other uncertainties will have to be resolved before deals really get rolling.

At its second hearing on the deal, Capital One said its merger with ING's online bank unit was the safest option for the system.