Regulation

Critics claim a Dodd-Frank rule to bar banks from relying on ratings agencies to assess the value of their investments will increase compliance costs, spur concentration and even shrink investment income.

Anchor BanCorp Wisconsin in Madison managed to push capital ratios at its thrift a bit closer to well-capitalized status during the third quarter, despite posting another loss.

In update of the FDIC's community bank initiatives, officials reveal a Web-based feature designed to ensure examiner data requests are germane to individual exams.

Pan American Bank didn't let President Obama rest the day after his reelection. It urged him in a video Wednesday to make financial literacy and serving the unbanked a priority.

Regulators would prefer that banks maintain higher levels of reserves, while accountants may start pushing more institutions to release reserves as loan problems dissipate.

The Illinois Republican lost her seat to former Rep. Bill Foster on Tuesday night, opening up a chairman spot on the insurance, housing and community opportunity subcommittee.

The rise of the prepaid card is sure to be one of the Durbin Amendment's biggest legacies. It also suggests any savings merchants derive from the law will be short-lived.

The Obama victory moves the financial industry to Plan B, according Dealbook. Wall Street may need to set a new tone in efforts to minimize the impact of Dodd-Frank. Most of the focus from the large banks may center around implementation of the Volcker Rule on proprietary trading.

American Express' directors were sued by a shareholder over practices that led to a $112.5 million settlement of claims that it violated consumer safeguards.

A West Virginia woman is suing Toyota Motor Credit Corp. and collection agency MRS BPO, LLC for repeatedly trying to contact her after she informed them she was being represented by attorneys.