Regulation

Regulators are expected to miss a global deadline to finalize Basel III capital and liquidity requirements by yearend.

Success will depend on how regulators handle four areas: Collaboration, scope, privacy and the regulatory burden.

Citigroup Inc., the third-biggest bank by assets, received requests for information from the Monetary Authority of Singapore related to probes into the rigging of key benchmarks used to set loan rates.

With a community-based state charter, Veridian Credit Union isn’t supposed to have members outside its market in Iowa. And yet the credit union has been handling funds nationwide for the alternative payment company Dwolla since 2009.

What happens when the government’s investors start demanding a normal rate of interest? House prices could plummet, mortgage defaults could soar and the added interest costs could cause the federal deficit to spiral out of control.

Some collection agencies in Canada said Monday they are not happy that legislative reform has grouped them in with unscrupulous out-of-province debt-reduction companies.

CFPB Director Richard Cordray is expected to stick out his recess appointment term through 2013 regardless of who wins the presidency. After that various different scenarios could play out.

The government continues to broaden relief for homeowners in areas hit by Hurricane Sandy.

Bankrupt should be barred from selling its mortgage servicing unit to Ocwen Financial unless Ocwen agrees to honor ResCap's portion of a $25 billion legal settlement with the U.S. and 49 states, government lawyers said in court papers.

Although bankers want full insurance for certain deposits to be extended, the Federal Deposit Insurance Corp. encouraged institutions Monday to tell customers in advance that that insurance may expire.