Regulation

Under the proposal, card issuers could consider shared household income when approving credit card applications.

The Merrill Lynch litigation is settled, but an ongoing tiff with Fannie Mae means elevated repurchase claims could continue for several more quarters.

U.S. Bancorp in Minneapolis lowered its loan-growth expectations for the fourth quarter to reflect borrower uncertainty about the election, the fiscal cliff and the overall economic environment, CEO Richard Davis says.

Repeal Dodd-Frank and replace it with what? "Possible replacements are unlikely to work or to be politically feasible," writes Steven M. Davidoff. And big banks have been getting bigger because it makes economic sense for them, not because Dodd-Frank is spurring them on, he argues.

Former Acting Comptroller of the Currency Julie Williams has learned one key lesson she hopes all bankers will heed: When faced with tough decisions, do the right thing.

House Financial Services Committee Chairman Spencer Bachus released a new report Wednesday attacking the Dodd-Frank reform law's "too big to fail" provisions, two days after Rep. Barney Frank defended them.

Comptroller Tom Curry remains committed to a push for higher capital levels, but he also suggested this week that agencies are considering other ways to reduce Basel III’s burden on community banks.

In response to repeated charges from Republicans that the Dodd-Frank Wall Street Reform and Consumer Protection Act enshrines too-big-to-fail policies, Barney Frank issued a paper analyzing how the legislation ends them.

Dodd Frank 1073, which covers remittances and U.S. initiated international payments, is one of more than two dozen payments related rules or regulations either issued in 2012 or with a pending deadline during the next year, which cover most payment types.

Although the consumer bureau is appearing closer to a final plan on defining 'qualified mortgages,' neither lenders nor consumer groups seem very satisfied.