Policy & Regulation

The Federal Reserve Board's decision to hold public hearings and extend the comment period on Capital One Financial Corp.'s planned acquisition of ING Direct has drawn the ire of House Financial Services Chairman Spencer Bachus.

Cullen/Frost Bankers Chief Executive Dick Evans says he's "not interested" in making acquisitions outside of Texas, and derides mounting competitive threats from community bank rivals by comparing them to the "juvenile delinquents down the street."

Banks of all sizes are tackling changes in regulations such as RESPA. Bank of Billings is using loan documentation compliance software to meet the challenge.

The Federal Trade Commission is mailing more than 110,000 refund checks to consumers defrauded by an online operation that tricked payday loan applicants into paying for an unrelated debit card.

The international coordinating body for financial regulation announced Thursday that it has approved an initial set of recommendations for various countries to use to strengthen the oversight of their shadow banking systems.

The Capital One acquisition of ING Direct USA is, as far as we know, the first time size alone has been made an M&A approval criterion for the Federal Reserve.

The banking industry is anxiously awaiting a slew of regulations dealing with systemic risk, capital requirements, and liquidity.

The Federal Reserve on Thursday announced two written agreements and three civil money penalties.

Total U.S. demand deposits are around $1 trillion. China and Japan each hold around $1 trillion in U.S. Treasuries.

Federal Reserve Board Gov. Elizabeth Duke said Thursday that more must be done to ease payments on troubled borrowers to assist the still-struggling housing market.