Regulation

The Treasury Department will sell $381.5 million of preferred shares in M&T, paying the last of the Buffalo bank's Tarp tab.

As the banking industry and Wall Street gear up for the impending reforms under Dodd-Frank, it is wise to cast an eye toward the rules for trade reporting and clearing for over-the-counter derivatives, lest they catch you unaware.

Discover Financial Services is facing a new lawsuit over the marketing of its payment protection and other fee-based credit card products — this time from one of its own shareholders.

Lawsuits against collection agencies and creditors rose across the board in the latest half-month period. FDCPA lawsuits continue to lag behind last year's pace.

The vice president warned voters that the Republican presidential candidate wants to "let the big banks write their own rules again."

Restoring Glass-Steagall would be a palliative just like the Volcker rule: simple to say, hard to do. Even under the 1933 law, financial innovators blurred the lines between commercial and investment banking — almost from the very start.

Restoring Glass-Steagall would be "a palliative just like the Volcker rule: simple to say, hard to do," says consultant Allan Grody. Even under the 1933 law, he notes, financial innovators blurred the lines between commercial and investment banking - almost from the very start. The following are examples Grody cites in his forthcoming book Reengineering the Financial Corporation.Pictured: Sen. Carter Glass and Rep. Henry Steagall.

Last month, in its enforcement action against Capital One, the Consumer Financial Protection Bureau collected the first money going into the Civil Penalty Fund.

Pundits often criticize prepaid card providers for having high monthly fees, but the real market pressure is on the fees charged for ATM access. As it turns out, prepaid card users very much want to keep using cash — but they don't want to pay to get it.

Swiss banks are turning over thousands of employee names to U.S. authorities as they seek leniency for their alleged role in helping American clients evade taxes.