Regulation

Standard Chartered was sued by victims of the 1983 Iran-sponsored terrorist bombing of U.S. Marine barracks in Lebanon over allegations the bank conspired with Iran to hide assets and evade a $2.7 billion default judgment.

The agency is working on a policy statement that would provide big banks and Republican critics of the FDIC's authority with more detail about how systemically important financial companies would be unwound.

The Office of the Comptroller of the Currency has lifted a regulatory order against Alaska Pacific Bancshares (AKPB) in Juneau.

In a speech looking back at the financial crisis, the Arizona Republican was also critical of the Obama Administration for housing initiatives that he portrayed as too timid.

Aspiring bank buyers including Scott Custer of Piedmont Community Bank Holdings believe that proposed capital rules could reduce pricing and premiums for sellers.

JPMorgan Chase, Barclays and UBS are among seven banks subpoenaed in New York and Connecticut's investigation into alleged manipulation of Libor, according to a person familiar with the matter and company filings.

New proposals would require appraisals for "higher-risk" mortgages, and compel lenders to notify borrowers of their right to an appraisal report. But loans meeting the special QM standard would enjoy a lighter touch.

Standard Chartered PLC may have to pay as much as three times more than the $340 million it was fined by a New York regulator to settle all the probes by regulators into its transactions for Iranian clients.

Beltway politics is hurting bank M&A, consumer confidence — but it's also time for bankers to stop opposing Dodd-Frank, says the former Obama chief of staff.

Though Mitt Romney has said he'd repeal Dodd-Frank, many opponents of the legislation aren't expecting a full repeal, but rather incremental changes, according to a Washington Post WonkBlog piece.