Regulation

The Office of the Comptroller of the Currency issued cease-and-desist orders against three banks in October and released seven banks from enforcement actions.

The Department of Justice and Securities and Exchange Commission are telling a U.S. Senate committee that Bitcoins are legitimate financial instruments, boosting prospects for wider acceptance of the virtual currency.

The former chairman and chief executive of the failed Summit Bank in Burlington, Wash., has been sentenced to three years in prison for concealing millions of dollars in past-due loans.

The West Virginia Supreme Court upheld the state attorney general's right to issue subpoenas and investigative questionnaires in a case involving four collection agencies - Cavalry SPV I, Cavalry SPV II, Cavalry Investments and Cavalry Portfolio Services.

A detailed look at how the freshman senator from Massachusetts has used her first 10 months in office, including her own insights from an interview with American Banker.

Since taking her Senate seat more than 10 months ago, Sen. Elizabeth Warren, D-Mass., has continued her intense criticism of big banks. But she has also focused on other areas in the financial services realm, covering everything from housing finance reform to student loan debt. Following is a guide to the Massachusetts Democrat's biggest banking issues.

WASHINGTON — Regulators on Friday announced they had finalized guidelines proposed in March that attempt to encourage banks' community development activities beyond their immediate markets.

Republic Mortgage Insurance Corp. has agreed to pay a $100,000 penalty and stop providing allegedly illegal kickbacks to mortgage lenders as part of a proposed settlement with the Consumer Financial Protection Bureau.

WASHINGTON — The Federal Reserve Board on Friday approved Ally Financial Inc.'s revised capital plan after objecting to it earlier this year.

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