Regulation

For all their analytic complexity, the Basel capital standards simplemindedly view each type of risk in isolation. In reality, an increase in one type of risk may lower another.

The swap execution facility regime in Dodd-Frank, once championed as the magic pill to cure the problems in the derivatives market, is turning out to be less potent than hoped.

Senate Majority Leader Harry Reid plans to hold a long-awaited vote later this week on the confirmation of Richard Cordray as director of the Consumer Financial Protection Bureau. With the opposition GOP planning to block the nomination, the move is a rehash of past battles and a sign that politics is once again trumping pragmatism in bank policymaking, argues Washington Bureau Chief Rob Blackwell. Ironically, the Republican's opposition will keep the CFPB focused largely on banks, rather than on their nonbank rivals, and could end up doing their banker friends more harm than good.

Ohio Valley Bank in Gallipolis has joined the Federal Reserve System.

Many merchants are still wary about accepting bitcoins, but new vendor partnerships and a maturation of the companies that handle bitcoin exchanges address some of the virtual currency's riskier aspects.

Organic growth, dealmaking and innovation are taking a backseat to compliance, bank executives told KPMG in a new survey.

The Federal Housing Finance Agency should require the government-sponsored enterprises to purchase loans with "deeper levels of credit enhancement (via mortgage insurance, lender recourse or capital market investors) in exchange for bona fide reductions in guarantee fees and other loan level charges," the Mortgage Bankers Association said in a new white paper released Monday.

Scores of foreign banks with very small U.S. operations still find themselves drafting "living wills" to provide U.S. regulators with a road map to their hypothetical failures, leading to calls for a lighter requirement.

Following ample debate over whether JPMorgan Chase’s CEO should lose his chairman title, there’s no clear indication of how Tuesday's shareholder vote will play out.

Technology has dramatically changed the way people bank, but many banks areresponding by closing and opening branches rather than arming themselves with data that could make existing branches more efficient.