Regulation

MetLife and Prudential Financial have been joined by state regulators challenging the Federal Reserve on how to oversee the biggest insurers under the Dodd-Frank law.

Big banks are facing unprecedented pressure from federal and state regulators to rein in their consumer credit card collections practices following revelations of improper behavior.

Companies that create goods or enhance existing services are seen as innovative and responsive. Businesses that impose fees without adding value often wind up paying a reputational price.

The Office of the Comptroller of Currency has begun issuing its examiners "best practice" guidelines to end big banks' use of faulty records in the sale of defaulted consumer debt. The move could threaten billions of dollars of sales to collections agencies.

Sen. Mike Crapo, the top Republican on the Senate Banking Committee, is asking the Government Accountability Office to look into the Consumer Financial Protection Bureau's data collection efforts.

The former president of the failed Mutual Bank in Harvey, Ill., has been banned from the banking industry by the Federal Deposit Insurance Corp.

The Federal Reserve Board on Tuesday met to vote on a final Basel III package, which represents the most significant overhaul of regulatory capital requirements for U.S. institutions.

Regulators are challenging banks’ relationships with disfavored businesses, citing the endlessly adaptable concept of reputation risk rather than law or regulation.

Two officers of an Arizona mortgage lender are going to prison for defrauding a Troubled Asset Relief Program recipient.

Members of the EMV Migration Forum are recommending a single common debit code for EMV transactions in the U.S. and plan to provide details later this summer for how the payments industry can implement it.