Regulation

A win by Hillary Clinton would be something of a mixed bag for bankers. On the one hand, she's a moderate with detailed policies, many of which are bank-friendly. Yet she may also be pushed to the left as she navigates issues, particularly on regulatory appointments.

The California Department of Justice is investigating Wells Fargo for allegations of criminal identity theft.

WASHINGTON — Banks are generally seeing improving credit quality and loan demand across the consumer and industrial sectors, according to a report issued Wednesday by the Federal Reserve Board.

Banks are reacting positively to a sweeping new cybersecurity proposal from regulators, noting that it only targets the largest institutions and keys off of existing practices.

The Consumer Financial Protection Bureau decried an appeals court ruling last week that found its single-director structure unconstitutional, saying the opinion was "wrongly decided" and had "no basis in the text of the Constitution or in Supreme Court case law."

Rather than addressing a pressing need like an economic crisis, a fintech charter would place the federal government in the business of choosing winners and losers in a market, with the potential to distort the banking system.

Federal banking regulators issued a broad proposal Wednesday designed to counteract cybersecurity threats that could hit at the financial industry's critical junctures.

A strong and dynamic risk detection system requires focusing on the most important blind spots not satisfactorily explained by existing tools, rather than focusing on the "answers" produced by those tools.

A survey of more than 300 bankers reveals deep industry skepticism, whether of Clinton's pledge to pursue regulatory relief or Trump's claim that the Fed was playing politics with interest rates. Coming this week: what a Clinton or Trump victory would mean for banks.

Two San Francisco supervisors on Tuesday introduced a resolution that would "end all business with Wells Fargo," in response to the fake account scandal and other practices that have harmed consumers.