Regulation

The National Consumer Law Center released a 90-page report Tuesday calling for the Consumer Financial Protection Bureau to make loan modifications mandatory in national servicing standards.

If the JPMorgan Chase board docks CEO Jamie Dimon's compensation only for the London Whale’s trading loss, he should consider himself fortunate that they are so myopic.

The Fed and OCC issued consent orders against JPMorgan Chase related to its trading losses, but stopped short of fining the bank.

The Basel III liquidity plan is the latest case of a global rule hostile to local realities.

The Fed and OCC orders against JPMorgan required them to fix their internal controls related to its trading activities, but stopped short of requiring sweeping changes or mandating a monetary penalty.

In a speech at a California Bankers Association conference on Friday, Comptroller of the Currency Thomas Curry said regulators are close to completing the 'Volcker' trading ban and securitization rules.

Amy Friend, the former chief counsel of the Senate Banking Committee is expected to rejoin the Office of the Comptroller of the Currency. Friend, who helped draft the Dodd-Frank Act, will be the OCC's top lawyer.

Amy Friend, the former chief counsel of the Senate Banking Committee who previously worked at the OCC, will succeed Julie Williams as the agency's chief counsel.

The president and six former officers of a failed Savannah, Ga., bank were indicted on Jan. 11 on charges of fraud and conspiracy related to failed commercial loans.

President Obama is considering two women for senior economic positions, weighing Ruth Porat, CFO at Morgan Stanley, for deputy Treasury secretary and Wal-Mart Foundation President Sylvia Mathews Burwell for budget director.