Regulation

Some of the largest U.S. banks said a proposed rule to increase the capital they hold against potential losses is arbitrary and would put them at a disadvantage against non-U.S. banks facing easier requirements.

New York State has slapped Prospect Mortgage with a $3 million fine for misleading homeowners on their interest rates, and has cited the mortgage lender for several other violations of state law.

JPMorgan Chase's acquisitions of Bear Stearns and Washington Mutual during the meltdown were once seen as bargains and more recently second-guessed in light of the bank's $13 billion mortgage settlement. The pain will pay off in the long run, experts say.

As banks improve their fundamentals, they are paying less in risk-based Federal Deposit Insurance Corp. premiums, helping to boost their bottom lines.

Bank of America Corp.'s Countrywide unit fraudulent sold thousands of loans known to be defective to Fannie Mae and Freddie Mac, according to Assistant U.S. Attorney Jaimie Nawaday in closing arguments in a lawsuit against the lender.

Sen. Elizabeth Warren is urging regulators to disclose the extent of their efforts to pursue cases against individuals and institutions, highlighting the work of the Special Inspector General of the Troubled Asset Relief Program.

Comptroller Thomas Curry’s 'heightened expectations' for large banks should include whether our communities are substantially better off as a result of their presence.

Diebold, a maker of ATMs and bank security systems, agreed to pay more than $48 million to settle allegations by the U.S. that it bribed officials in Russia, China and Indonesia.

A Treasury Department fund meant to boost loans to small businesses has spurred more than $10 billion in additional lending, the agency said Tuesday.

Diebold Inc., a maker of ATMs and bank security systems, agreed to pay more than $48 million to settle allegations by the U.S. that it bribed officials in Russia, China and Indonesia.