Regulation

Yes, megabanks provide useful, all-in-one services. But their biggest customers challenge the argument that financial behemoths should be held together for their sake.

Big businesses' mixed feelings about their large bank partners are especially obvious when the conversation turns to proposed reforms of money-market funds, which corporate treasurers say could increase the power of "too big to fail" banks.

A federal charter for National Consumer Credit Corporations could help community bankers serve (and profit off) low-to-moderate-income consumers.

The banking industry, reeling from public outrage and increased regulation, is proving incapable of finding a champion to replace sidelined JPMorgan Chase CEO Jamie Dimon.

Citigroup became the first Western bank to issue credit cards in China without co-branding from a local financial institution as the government relaxes restrictions in the world's second-largest economy.

The group's lack of transparency is symptomatic of a self- regulated system that failed to stop traders around the world manipulating the world's most widely usThe Libor Committee's lack of transparency is symptomatic of a self- regulated system that failed to stop traders around the world manipulating the world's most widely used benchmark interest rate for profit.ed benchmark interest rate for profit.

The BdB German Banking Association, which represents Deutsche Bank and Commerzbank, wants the European Central Bank to have sole responsibility for regulatory supervision of all euro-region banks.

David Cohen, the Treasury undersecretary for terrorism and financial intelligence, said the new director, Jennifer Shasky Calvery, is "a perfect fit."

While the president urged Congress to act before the end of the year, he did not sound optimistic about that happening.

After years of questions over whether regulators can impose "source-of-strength" rules, regulators are prepping a clearer standard that would, among other things, give them more oversight of some commercial firms such as Target and Toyota.