Regulation

WASHINGTON — The Federal Deposit Insurance Corp. said Monday that it has withdrawn a list of merchant categories, including payday lenders, debt consolidation firms, pornography businesses and others, that it said warranted heightened attention by banks processing their transactions.

Studies of whether big banks enjoy implicit funding subsidies should take into account the effect of post-Dodd-Frank legislation and regulation, write Aaron Klein and Peter Ryan of the Bipartisan Policy Center.

Zions Bancorp. in Salt Lake City is planning to raise $525 million in fresh capital to satisfy regulators' concerns about its ability to withstand a severe economic downturn.

Theories abound. So do bankers' frustrations. And regulators like FinCEN Director Jennifer Shasky Calvery promise the toughened stance is here to stay.

IMGCAP(1)]

Traditionally, August can be a wasteland for banking policy wonks as Congress takes a summer recess. But here's why next month could actually be an eventful one.

Castro takes helm as housing recovery continues to lag the rest of the economy.

A U.S. district court ordered BNP Paribas SA to pay $80 million for submitting false claims for payment in a federal grain export program.

Sen. Sherrod Brown, D-Ohio, has scheduled a hearing next Thursday to discuss a highly anticipated Government Accountability Office report on "too big to fail" due out the same day.

Although the proposal to add more Home Mortgage Disclosure Act requirements was required by the Dodd-Frank Act, those in the lending industry said they were taken aback by the amount of additional information the CFPB is seeking, arguing it goes way beyond the regulatory reform law.