Regulation

A move by Pennsylvania lawmakers to abolish the state's savings-and-loan association charter comes as the number of thrifts nationwide continues to decline and the "S&L" name loses its former appeal.

The Federal Reserve Bank of Chicago entered a written agreement with the $87 million-asset lender on July 23, Fed officials said Tuesday.

The former House Financial Services Committee chairman and Sheila Bair, the former FDIC chairman, both joined Twitter this week, with Barney Frank earning a surprise celebrity endorsement.

Price competition remains elusive in the market for loans to consumers with poor credit histories. Here's why.

Coastal Bank in Savannah, Ga., has been freed from a regulatory order.

Visa and MasterCard have agreed to share their common application identifier technology, enabling EMV-chip based debit transactions to originate from a single application while allowing merchants a choice of networks for routing.

A new self-regulatory organization for crypto-currencies could do a lot to advance the industry, but risks becoming co-opted by the government and undermining the core value proposition of digital cash.

Leaders in emerging payments and virtual currency have formed a committee to establish a self-regulating body to ensure regulatory compliance as the marketplace changes.

Regulatory reform is likely to continue on its current path if Janet Yellen, the Federal Reserve Board's vice chairman, is tapped to lead the central bank. The future is decidedly murkier if Larry Summers wins the post.

The race to succeed Fed Chairman Ben Bernanke was kicked into high gear last week by rumors President Obama was about to announce his choice. The White House eventually backed off of that, saying a nomination was likely to come in the fall. Still, the speculation over who will be the next central bank chief has reached fever pitch. Following are the top candidates: