Regulation

Digital currency exchanges may soon file formal proposals and applications to operate under regulations set by the New York State Department of Financial Services.

Royal Bancshares of Pennsylvania (RBPAA) in Narbeth has agreed to sell nearly $14 million in stock through private placements.

The Federal Reserve Board has the authority to act on its own to apply different capital requirements for insurance companies than those it has already mandated for banks, several senators said Tuesday.

Retail bankers are struggling with a vexing mix of competitive and regulatory headwinds these days. As they prepare to gather at American Banker's Retail Banking 2014 conference, the publication's editors discuss what are likely to be the hottest topics of the day.

Banks of all sizes are struggling to increase the revenues and profits that they can eke out of their retail operations — while trying to elbow their competitors out of the same turf. To do so, bankers need to face some hard truths about their branches, technology and M&A ambitions.

Sens. Tim Johnson, chairman of the Banking Committee, and Mike Crapo, the top Republican, laid out a preliminary bipartisan agreement on housing finance reform after months of deliberation.

Insurance companies will urge U.S. lawmakers today to stop the Federal Reserve from imposing bank-like capital standards on their industry.

The Consumer Financial Protection Bureau is planning to eliminate its current employee performance management system after data showed minorities were rated lower than white employees.

In his annual shareholder address, the longtime CEO explained how M&T is working to fix its BSA compliance issues, took a swipe at megabanks and sang the praises of the bank's hometown.

Keith Pedigo, who led efforts to modernize the Department of Veterans Affairs home loan guarantee program, has joined Collingwood Group, founded by a former FHA Commissioner.