Regulation

The Federal Reserve Board has terminated an enforcement action against East Dubuque Bancshares in Illinois and its bank.

Bankers these days face the prospect of getting penalized for everything from "disparate impact" to the actions of auto dealers and other third-party partners. That raises the question of whether such regulation is effective, enforceable or fair.

The Federal Reserve Board released an enforcement action against Citigroup calling for improvements of its AML risk management program. The action stems from orders last year against two of Citigroup's subsidiaries.

The Federal Deposit Insurance Corp.'s discussion with foreign regulators about cross-border resolutions plans is expanding its efforts beyond just the United Kingdom.

The smaller debit networks are ready to join the larger networks in supporting Discover's technology to meet federal rules on routing EMV debit transactions, but they still await clarity from Visa and MasterCard.

Auto dealer industry representatives warn that costs will rise for borrowers if the Consumer Financial Protection Bureau forces banks to halt auto loan markups determined by dealers.

While JPMorgan's witnesses were testifying with practiced humility, lobbyists were working to gut the reforms of derivatives trading enacted as part of the Dodd-Frank Act.

Plastiq's service asks consumers to pick up the cost of card acceptance. It presents a service fee that is added to the transaction amount, much like sales tax is typically added at the point of sale.

The difference between board members with hands-on banking, compliance and technology knowledge and board members without can mean the difference between a bank's success and failure.

A Miami businessman accused U.S. Bank and its equipment finance arm of using involuntary bankruptcy as a collection tool; wins a $6 million jury award.