Regulation

The Consumer Financial Protection Bureau's definition of a "rural" market needs to be more flexible according to state banking regulators.

BitPay Inc. has more than doubled the processing volume it forecasted for March, fueled by recent business moves. It also hired a veteran of the payment processor Global Payments to handle product management.

State banking regulators are asking the Consumer Financial Protection Bureau to be flexible in its definition of a "rural" market when determining when a community bank is eligible to make a balloon loan.

Bank of America and the National Credit Union Administration reached a $165 million accord to cover losses on purchases of residential mortgage- backed securities by credit unions that failed, the agency said.

The former Securities and Exchange Commission chair’s move to Promontory Financial is likely to add to public cynicism about a revolving door and regulatory capture.

The new numbers add to a growing body of evidence suggesting that the U.S. housing sector is slowly rebounding.

The U.S. government is resisting an effort by Standard & Poor's to move to the federal level a string of lawsuits by states that charge the ratings agency with misleading investors.

Concerns about bank size and interconnectedness have reached a fever pitch lately for a number of reasons. Here's why.

The Federal Deposit Insurance Corp. took enforcement actions against four banks last month tied to inadequate capital, compliance shortcomings and other matters, according to a series of orders released Friday.

Calls for reciprocity and a lack of participation from Asian-Pacific countries present significant challenges for the overreaching legislation.