Regulation

Given her philosophy, Janet Yellen is likely to continue the Federal Reserve’s highly accommodative monetary policy as chairman. That is worrisome.

Industry observers are bracing to see whether the cost of international wire transfers will skyrocket once a new Consumer Financial Protection Bureau rule goes into effect starting today.

Optimal Payments Plc, which is based in Isle of Man, has registered with the New Jersey Division of Gaming Enforcement to provide services to Internet gambling businesses licensed by New Jersey.

In September, regulators seized the largest institution to be closed in over three years, the $3.1 billion-asset First National Bank in Edinburg, Texas, throwing cold water on the idea that only the smallest banks are vulnerable now to failure.

Bankers facing the futility of trying to repeal new rules have moved on to other tactics—including, in some cases, acceptance of the new oversight regime.

A successful prosecution of JPMorgan would throw into disarray the bank’s substantial and highly lucrative asset management business, among other disincentives for the government to pursue a criminal case.

JPMorgan Chase (JPM) has agreed to pay $5.1 billion in settlements to the Federal Housing Finance Agency, Fannie Mae and Freddie Mac, federal officials said Friday.

News of the government's $13 billion settlement with JPMorgan Chase prompted emotional arguments for and against the bank, as well as satire of all the outrage.

JPMorgan Chase's tentative agreement to pay a record $13 billion to end civil claims over its sales of mortgage bonds has hit a snag because of the bank's bid to make the FDIC liable for part of the payment, a person familiar with the talks said.

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