Regulation

The chief executive officer of JPMorgan Chase, Jamie Dimon, hosted a lunch with 75 New York business leaders in a bid to help to steer Washington away from the fiscal cliff and toward a budget compromise akin to Simpson-Bowles.

Rep. Barney Frank is calling on state and federal officials to reconsider prosecuting banks for the sins of smaller institutions they were pressured to acquire at the height of the financial crisis.

The CFPB said Monday it is now accepting complaints related to consumer reporting agencies, a.k.a. credit bureaus.

In detailed comment letters, banks expressed despair over the hardships they will face if regulators implement Basel III capital and liquidity rules.

The simmering controversy over American Express' Bluebird card typifies a classic debate: When do regulations that ostensibly protect the public from shady operators really just protect incumbent businesses from competition?

Legal violations in student loan servicing may be worse than those in mortgage servicing for borrowers in the militar, says the Consumer Financial Protection Bureau and the Defense Department. So the two are joining forces to help stop it.

Report shows that Charlotte bank provided financial help to both conventions this year, but the Democrats still owe B of A over $7 million in loan repayments from financing for the event.

Attention has largely been focused on merchants seeking to opt out of the deal. But if the Justice Department were to object to the agreement's terms, the judge would likely listen, observers say.

There needs to be stronger incentive for bankers to behave, far-reaching cultural changes spurred by directors and a unilateral commitment to stamp out money-laundering schemes.

A flurry of new mortgage rules are overwhelming home lenders — some they feel are too strict and others too ill-defined to decipher.