Regulation

The American Bankers Association's board is expected to approve a plan Thursday to get into the SuperPAC game.

Debit card issuers used to promote signature transactions over PIN. But now, in a post-Durbin world, the interchange revenues from both are similar, so “issuers are now trying to guide shoppers to use personal identification numbers” because of the lower costs, explains American Banker’s Victoria Finkle.

Financial institutions that do the same things should have the same oversight. Unfortunately, we're a long way from regulatory parity, even after Dodd-Frank.

The Office of the Comptroller of the Currency promoted Ellen M. Warwick to oversee its law department division, the agency said Wednesday.

For community banks, the Dodd-Frank reform law presents a lot more questions than answers. For Washington State's Cashmere Bank, it was time to turn to outside help.

While neither Obama nor Romney favors a megabank breakup, delegates at both the GOP and Democratic conventions indicated broad bipartisan support.

The Federal Deposit Insurance Corp. has terminated a consent order with Cornerstone Community Bank in Chattanooga, Tenn., after the bank increased its capital levels.

Street protests, fortress-like security, and the carefully chosen words of politicians underscore the strained relationship between the Democratic party and the banking industry.

Following the regulator's designation of larger consumer reporting companies for supervision, the CFPB said examiners will assess the accuracy of credit reports and how companies disclose information to consumers about credit scores.

Designating certain companies as systemically important accomplishes nothing more than putting them into a closer relationship with the government, making the designation itself a self-fulfilling prophecy.