Regulation

GOP Presidential hopeful Mitt Romney wants to repeal Dodd-Frank and replace it with… Dodd-Frank. Confused? You are not alone.

Assurant, facing reviews into whether it overcharges for insurance that some homeowners are compelled to buy, expanded disclosure about its profits after an inquiry from the SEC.

FDIC's Quarterly Banking Profile shows broad improvements in the number of institutions making more loans. But with rock-bottom interest rates squeezing margins, banks yet again looked toward reduced loss provisions to drive earnings.

The Office of the Comptroller of the Currency has released PVF Capital's (PVFC) bank unit from an enforcement order after the Solon, Ohio, bank met capital requirements.

Midsize banks will most likely not have to go through stress tests mandated by Dodd-Frank until September 2013. The rulemaking on the tests has yet to be finalized and regulators want to make sure those banks have enough time to prepare.

Hampton Roads Bankshares finds itself between a rock and a hard place. As a Tarp participant, it has refused to pay severance to several former executives. Several of those officers, including former CEO Jack Gibson, filed lawsuits asserting that their employment contracts preempt the Tarp prohibition.

With their "Project Oscar" mobile payment joint venture remaining uncertain because of a regulator's investigations, major European telcos are turning to traditional payment companies to get back in the mobile payments game. MasterCard's new five-year agreement with Everything Everywhere is a case in point.

Bain Capital's relationship with auditor PricewaterhouseCoopers, though not necessarily inappropriate, is still too casual and in need of more monitoring.

The presidential election is beginning to overshadow most issues. Want proof? Three of the top five stories from last week were directly related to the campaign, including the banking SuperPAC's move to target races and a preview of the political conventions.

The banking industry earned $34.5 billion in the second quarter as continued declines in loan loss expenses outpaced a reduction in net interest margins, the Federal Deposit Insurance Corp. said Tuesday.