Regulation

A dry-as-dirt technical dispute over unique codes used to identify market participants has roiled a global effort to standardize financial data.

After being the first bank penalized by the Consumer Financial Protection Bureau, Capital One will be facing a challenge to make sure the integration its recent acquisitions, HSCB's credit card portfolio and ING Direct, doesn't trip the CFPB's concerns.

The Federal Reserve Board has terminated a prompt corrective action against Sunrise Bank in Cocoa Beach, Fla.

More than 700 community banks failed a stress test performed by the New York data company Trepp, based on the proposed Basel III guidelines. Even if they wanted to do something about this problem, many would have a hard time raising capital in the private markets now.

No, it's not that ABA, but another one — the American Booksellers Association — has joined a growing list of retail groups seeking to derail the settlement with the card networks.

Jennifer Shasky Calvery took the reins at the Financial Crimes Enforcement Network last month, after 15 years at the Justice Department prosecuting money laundering and organized crime.

Fed Gov. Daniel Tarullo calls for capping the size of banks, lawsuit proliferate, earnings roll in.

Liability insurance companies generally argue allowing banks to receive insurance coverage for overdraft litigation settlements violates public policy and rewards supposed wrongdoing, but there typically is no explicit exclusion in a policy that justifies this and other go-to positions.

"It was more like a poke in the eye with a sharp stick" says former FDIC chair Shelia Bair in response to Mitt Romney's assertion during the first presidential debate that the "systemically important" designation under Dodd-Frank was a the "biggest kiss" to Wall Street.

Capital One knows how to swallow consumer bank operations. But its two recent acquisitions come with a much higher risk of regulatory indigestion.