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If regulators have concluded that the largest banks are "too big to manage," then let's confront that head-on. But let's not target a bank and drag it down piece by piece.
August 27
American Banker -
History tells us that post-crisis reforms should increase confidence, but still allow regulated entities to innovate and prosper, all in support of a stronger economy.
August 27
Ludwig Advisors -
Bank of America's lawsuit against the Federal Deposit Insurance Corp. over $1.7 billion in investor losses was dismissed by a federal judge.
August 27 -
The Federal Reserve appeal of a judge's decision invalidating its interchange fee cap forestalls the prospect of a substantial cut in banks debit card revenue.
August 27
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EverBank Financial has reached a $43 million settlement with the Office of the Comptroller of the Currency in connection with allegations of improper foreclosure practices.
August 27 -
The Financial Crimes Enforcement Network will continue discussions with the Bitcoin community after meeting with the Bitcoin Foundation and a host of regulators and law enforcement officers in Washington D.C. today.
August 26 -
Bankers and other lenders are pressing the Consumer Financial Protection Bureau to delay implementation of its "qualified mortgage" rule, but the agency has given no signal it will delay the Jan. 10 deadline.
August 26
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WASHINGTON The Consumer Financial Protection Bureau named new senior staff in four different divisions Monday.
August 26 -
Michael Coyne, co-head of litigation for JPMorgan Chase, will become general counsel at Union Bank. He is the latest senior executive to depart JPMorgan as its legal and regulatory troubles mount.
August 26 -
A Bitcoin trade group will meet today with the U.S. Treasury Department's Financial Crimes Enforcement Network and an array of law-enforcement officials and regulators to discuss oversight of the digital currency.
August 26


