Regulation

BNP Paribas was charged in a criminal probe of U.S. sanctions violations, signaling the bank has resolved an investigation spanning seven years and will pay almost $9 billion, the largest fine ever for such a case.

The Internal Revenue Service is about to get an unprecedented look at bank accounts and investments U.S. citizens hold abroad, through a law that is making it harder to hide assets from the tax collector.

U.S. Bancorp, the nation's largest regional lender, agreed to pay $200 million to resolve federal claims that it misrepresented the quality of government-backed mortgages the company originated.

William Dudley, head of the Federal Reserve Bank of New York, has been elected chairman of the Economic Club of New York.

The Financial Stability Oversight Council has manifestly failed to demonstrate that it has any idea how to determine if a financial firm is systemically important, writes AEI fellow Peter Wallison.

WASHINGTON — Regulators on Friday closed Freedom State Bank, in Freedom, Okla., the 12th institution to fail this year.

Banks would get protection from the Justice Department's investigation of mass-market consumer fraud under legislation sponsored by Rep. Blaine Luetkemeyer, R-Mo.

Community-sized institutions with cybersecurity gaps are facing new attention from regulators under a pilot exam project.

Bitcoin and other digital currencies will get more attention from the U.S. Consumer Financial Protection Bureau after prodding from a congressional watchdog.

A diverse group including troubled borrowers, low-income renters, mortgage-bond issuers and investors in those bonds will get a boost from new Treasury efforts to keep capital flowing in the mortgage market.