Regulation

Big banks are urging regulators to make changes in how they calculate a long-term liquidity requirement that they claim is deeply flawed.

President Obama as of Friday had yet to name a nominee for Federal Reserve Board chairman, but the selection process has already drawn unprecedented media coverage.

Tradehill Inc., a Bitcoin exchange, has ended its relationship with Internet Archive Federal Credit Union—announced only a few days earlier—and has suspended trading, blaming regulatory issues.

Government-mandated risk retention is not an answer to the problem of bad loans being bundled up and sold to unsuspecting buyers. A better approach is to make sure that MBS purchasers have access to good loan-level data about what they are buying.

American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.

By pretending to treat the guarantee problem as actuarial rather than political, Corker-Warner can garner the support of traditional lending and housing lobbies that historically supported Fannie and Freddie.

WSFS Financial in Wilmington, Del., has repurchased preferred shares it issued the Troubled Asset Relief Program.

A Huffington Post scoop describes serious morale problems at the Fed, but lays most of the blame for that on former Fed Chair Alan Greenspan. Editor-at-large Barbara A. Rehm sees it differently.

The banking industry enjoyed a second consecutive record quarterly profit in the three months through June, according to the FDIC. But lower unrealized gains on available-for-sale securities sparked concerns about future risks from rising interest rates.