Regulation

First Sound Bank (FSWA) in Seattle has bought back its Troubled Asset Relief Program shares after raising nearly $8 million.

The CFPB's attempt to help struggling student borrowers is tackling the right problem — $1.1 trillion in outstanding loan debt — but can't affect 85% of that figure, which is in federal loans.

Consumer advocates remain frustrated with servicers for not offering more principal write-downs and loan modifications to help borrowers stay in their homes.

The Consumer Financial Protection Bureau is seeking public comment on the most beneficial ways for Congress and regulators to step in and aid distressed student loan borrowers.

The Consumer Financial Protection Bureau said Thursday it was requesting public comment on the best ways for Congress or regulators to help struggling student loan borrowers.

Total System Services Inc. will begin processing LINK ATM transactions throughout the United Kingdom this year.

At its annual party, the scandal-buffeted British bank bid goodbye to the "exciting and unpredictable" Year of the Dragon and welcomed in the Year of the Snake.

George Washington is a great role model for kids and might have had second thoughts about today's financial forms, says Frank Keating, the CEO of the American Bankers Association and author of a kids book about the first president.

An advisory council warned the Consumer Financial Protection Bureau that borrowers are still at risk from small-dollar loans with high fees and roll-over debt.

A federal court halted an operation that allegedly used an intricate web of concealment to debit hundreds of thousands of consumers’ bank accounts and bill their credit cards more than $25 million without their consent.