Regulation

Incoming House Financial Services Committee Chairman Jeb Hensarling, R-Texas, has named his leadership team for the coming term.

Banks are in danger of "taking excessive risk" in order to boost profits damaged by a slow economy by offering risky new products and lowering underwriting standards, a new report from the OCC said. The fiscal cliff could also take a toll.

CapitalSource (CSE) in Los Angeles said that John Delaney, who was elected to Congress last month, is stepping down as its chairman.

The House is expected to vote as early as Thursday on a bill which is designed to avoid the fiscal cliff. The bill would repeal the government's ability to seize failing financial institutions.

After enjoying strong growth in its credit card business in 2012, Discover Financial Services is investing some of those returns in a more diverse range of products.

We revisit our 10 most popular BankThink posts of 2012, based on audience page views.

Rep. Maxine Waters, who will take over as top Democrat on the House Financial Services Committee next year, is urging the Commodity Futures Trading Commission to delay implementation of certain derivatives rules set to go into effect Jan. 1.

It is not likely manufacturers and owners of ATMs will experience a more interesting – or challenging – year than 2012 any time soon.

The House is expected to vote as early as late Thursday on a package of spending cuts that would include eliminating the FDIC's ability to wind down big banks and a popular mortgage modification program.

The Department of Justice and federal regulators are being asked to prosecute more individuals involved in breaking the law at financial institutions by Rep. Barney Frank.