Regulation

Credit unions have joined community banks with the common thought that they should not be subject to CFPB regulations.

Federal Reserve Board Gov. Daniel Tarullo said Friday that he was still concerned about ongoing risks from banks' potential overreliance on short-term wholesale funding, but suggested one possible remedy: higher capital requirements.

U.S. prosecutors are pursuing guilty pleas, criminal convictions and "significant monetary penalties" from banks and their employees in the global investigation into the rigging of benchmark interest rates, a senior Justice Department official said.

Experts say the Consumer Financial Protection Bureau backed away from stiffer requirements after two powerful consumer groups raised fears that they would drive small banks and credit unions out of the remittance business.

The House banking panel is scheduled to consider a host of derivatives bills next week, a debate that could spur momentum in the charge to amend some of the Dodd-Frank law's provisions.

Groups opposing the Visa Inc. and MasterCard Inc. multibillion-dollar settlement of swipe-fee price-fixing claims won't be held in contempt by a federal judge for failing to fully correct websites he found misleading.

The Texas Bankers Association has selected Ignacio Urrabazo, the chief executive of Commerce Bank in Laredo, to become its new chairman.

Finding the right pay formula is a messy business. Leave it to shareholders and the market to sort out.

More lenders are willing to make second-lien loans because of hot demand and greater yield, even as regulators warn against risks in the leveraged-lending market.

Sometimes the line between prudent bank security and excessive caution is a blurry one. The Onion offers some unique ways to protect your bank data, including beating your computer to bits with a pipe wrench.