Regulation

The Federal Deposit Insurance Corp. has freed the Bank of Granite in Granite Falls, N.C., from an enforcement action.

Sen. Elizabeth Warren reportedly closed on a two-bedroom, two-bath condo in Washington's Penn Quarter neighborhood last month.

With its new depositor preference proposal, the FDIC decided to skip over the current problem and fix one that doesn't exist — yet. Its solution places more burden on banks, but may save the agency from eventually insuring foreign deposits.

Citigroup Inc., the world’s biggest credit-card lender, is facing rising costs from the misselling of so-called add-on card products in the U.K. and U.S.

Nearly a month has passed since Visa Inc. offered its technology for the creation of a common debit code for EMV chip-card payments — a necessity under federal regulation. Yet it is becoming apparent that issuers remain in a waiting game that could last several more months.

Sen. Bob Corker, R-Tenn., said recent profits at Fannie Mae and Freddie Mac should go toward helping build a new mortgage finance system.

TBTF may just be the cool "in" phrase for the wealthy libertine set, according to Comedy Central's "The Daily Show."

Oak Ridge Financial Services Group in Minneapolis announced Feb. 25 that Savino "Bud" Ranallo has been named senior vice president of institutional sales.

The American Bankers Association's new spots argue that credit unions' tax exemption amounts to "indefensible and outdated special treatment."

Federal agencies have the authority and ability to raise minimum capital in a direct and meaningful way, outside of the Basel III process.