Regulation

A unit of BNY Mellon (BK) will pay $210 million to settle charges that it let clients invest funds with disgraced money manager Bernard Madoff despite its own concerns that Madoff was running a Ponzi scheme.

Sheila Bair says we should prohibit examiners from quitting to work in the private sector, to keep them from gaining unjustly favorable regulatory treatment for the banks that later employ them. But the worse abuse runs the opposite way.

President Obama's reelection has given his administration a "do-over" opportunity in housing.

Treasury Secretary Timothy Geithner has made it clear he plans to leave office before the start of President Obama’s second term. Here are the pros and cons associated with some potential replacements.

Internal governance policies should define for shareholders, employees and the public how the bank plans to effectively manage the stated risk appetite.

Federal Reserve Board Gov. Elizabeth Duke doesn't want to see new mortgage rules driving community banks out of the origination market. Exhibit A: balloon mortgages. They may have been abused by other lenders, but are a mainstay of community bank mortgage lending.

There have been some new twists in the strange case of an alleged attempt to blackmail Mitt Romney for $1 million in bitcoins, raising additional legal questions about the digital currency.

Raj Date, CFPB's second in command, said he will leave the agency after it finishes writing a number of mortgage rules required under the Dodd-Frank reform law.

The Supreme Court will decide whether merchants have the right to file class actions against Amex over which cards they must honor, or if arbitration clauses bar them from combining forces.

Some banks bucked the trend and others buckled under it. Overall, about two-thirds of publicly listed banks posted quarter-over-quarter declines in margins during the most recent round of earnings reports.