Regulation

Federal Reserve Chair Janet Yellen has promised to serve out her term heading the central bank until it expires in 2018, ending speculation that she could resign earlier and give President-elect Donald Trump another important appointment to make when he assumes office in January.

Two consumer advocacy groups in California have accused CIT Group's OneWest Bank of failing to provide mortgages and other financial services in minority neighborhoods.

The complexity for large banks trying to improve culture is they are made up of different entities with competing missions and therefore competing cultures.

JPMorgan Chase has agreed to pay about $264 million to settle U.S. allegations that it hired children of Chinese decision makers to win business in violation of anti-bribery laws.

A long-awaited report by the Federal Reserve’s Office of Inspector General found “significant variability” between regional banks’ willingness to consider dissenting supervisory views, and said the challenges facing the New York Fed are especially daunting.

The Home Equity Mortgage Conversion program experienced a huge swing in its net worth during the fiscal 2016 year, plummeting from a value of $6.8 billion in fiscal 2015 to negative $7.7 billion.

The Consumer Financial Protection Bureau issued a proposal Thursday that asks the public to weigh in on consumer access to financial information, part of a fight between banks and fintech companies about the sharing and control of consumer records.

WASHINGTON — Sen. Elizabeth Warren said this week that Republicans would be making a grave mistake if they try to gut the Consumer Financial Protection Bureau, saying that the agency embodies the same populist wave that helped elect Donald Trump.

House Financial Services Committee Chairman Jeb Hensarling recited a litany of priorities for his panel next year, touching on everything from the very broad, like housing finance reform, to the specific, including targeting a proposal to rein in payday lending.

As the Justice Department winds down its Mortgage Fraud Task Force and a new administration prepares to enter the White House, the number of False Claims Act cases brought against Federal Housing Administration lenders is expected to dwindle.