Regulation

Other reforms are getting short shrift while federal regulators fascinate over the power of capital rules to reform the banking business.

Notwithstanding recent media criticism, there is little doubt that these products offer a better alternative for unbanked and underbanked consumers who would otherwise use a cash-based system to manage their finances.

Sen. Mike Crapo, the top Republican on the Senate Banking Committee, asked the Government Accountability Office to shadow the Financial Stability Oversight Council's process for designating systemically important institutions.

On Tuesday the law firm Morrison & Foerster announced that it has hired Donald Lampe, who headed Dykema's financial services regulatory and compliance team, as a partner.

Hedge funds have beaten the FDIC in a series of legal disputes over the assets of bankrupt holding companies, exposing a serious flaw in the regulator's system for recovering value from failed institutions.

The most notable quotes from American Banker stories of the previous week. Readers are encouraged to add their own observations in the Comments fields at the bottom of each slide.

Have you ever imagined starting your own bitcoin exchange? Soon, Vancouver-based Bex.io will make that possible by deploying exchange functionality under a Software as a Service (SaaS) model.

Kipochi, an African online service launched this month, is looking for a way to connect the digital currency Bitcoin to M-Pesa, Kenya's widely-used mobile payments system.

There is little proof that a doubling of guarantee fees in the last year by Fannie Mae and Freddie Mac has brought private investors back into the mortgage market, says the FHFA's inspector general in a new report.

Sen. Mike Crapo, the top Republican on the Senate Banking Committee, is asking the Government Accountability Office to examine the Financial Stability Oversight Council's process for designating systemically important institutions to ensure that it is transparent and fair.