Regulation

A potential $10 billion U.S. penalty against France's largest bank BNP Paribas SA for its alleged dealings with Iran and other sanctioned nations is stirring outrage in the country.

The Office of the Comptroller of the Currency has closed Slavie Federal Savings Bank in Bel Air, Md.

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The Federal Deposit Insurance Corp. is looking to ban a former Tennessee banker from the industry following his institution's 2012 failure.

Internal memos and emails show that the controversial probe was not exclusively focused on payday lending. At the same time, Justice officials did not think it was their problem if lawfully operating payday lenders lost their banking relationships as a result of the investigation.

The addition of a new community bank section in the Federal Deposit Insurance Corp.'s quarterly bank earnings report is meant to make up for distortions in how large banks drive industry data.

Lawmakers are working behind the scenes to spur a potential vote on legislation that would ease capital standards for insurance companies as soon as next week.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

American Bancorporation was the first-ever bank holding company thrown into bankruptcy by the holders of its trust-preferred securities. Regulators may be able to avoid similar bankruptcies if more flexibility is shown in allowing holding companies to access capital to pay off creditors.

The Securities and Exchange Commission appears poised to soon finalize a plan to reform the $2.6 trillion money market mutual fund industry.