Regulation

I myself am a HMDA wonk, but one with a rather love-hate relationship to the numbers. I love what they reveal, but hate the headaches that come from wrestling with data.

How the central bank will apply bank-centered rules to systemically important financial institutions is one of the biggest unanswered questions of the post-financial crisis regulatory system.

JPMorgan Chase & Co. (JPM), the biggest U.S. bank, revised its gauge of market gains and losses to incorporate new regulatory requirements, resulting in a jump in the frequency of losses last year.

Everett Stern, who last year filed a lawsuit urging further U.S. investigation of his ex-employer HSBC, has decided to run for Congress on a platform of getting tougher on banks and cleaning up Washington.

The rule prohibits big foreign banks from allocating capital and liquidity in a manner they deem to be most efficient. This may be an acceptable price to pay if the overall result were enhanced stability, but trapping capital and liquidity in particular jurisdictions is likely to make large banks less resilient in times of crisis.

It's unclear who is behind the online campaign "Stop the Choke," but its message is clear: oppose the Justice Department investigation of the banking system's ties to firms that could be involved in fraud.

VantageSouth Bancshares (VSB) in Raleigh, N.C., has redeemed all outstanding shares issued to the Treasury Department under the Troubled Asset Relief Program.

A financial reform group hoping to block the government's $13 billion settlement with JPMorgan Chase faces a steep uphill climb.

Bankers are mulling new ways to serve consumers with low incomes and poor credit profiles after the crackdown on deposit advances, but the prospect of smaller profits and continuing uncertainty about regulations may dissuade a serious effort.

The volume of complaints lodged by distressed borrowers to four of the largest U.S. banks has stabilized, the monitor for the national mortgage settlement says.