Regulation

Banks appear to be effectively using a government program to help struggling borrowers refinance their underwater mortgages in order to make monthly payments more manageable.

The inspector generals for two agencies concluded that neither improperly leaked draft copies of the Volcker Rule to American Banker.

Knight Capital Group Inc.'s search for investors in the wake of a $440 million loss demonstrates why the biggest Wall Street banks shouldn't be broken up, according to Brad Hintz, a Sanford C. Bernstein & Co. analyst.

Working on your wish list for Dodd-Frank repeals? Mark A. Calabria, the director of financial regulation studies at the Cato Institute, has Section 1071, which requires a system for tracking data on lending to women-owned and minority owned small business, on his.

Despite the low number of prosecutions under Sarbanes-Oxley, crimes committed by banks have been punished with big fines. Too bad that's not enough to keep them from offending again.

Standard Chartered Plc conducted $250 billion worth of transactions with Iranian entities over more than seven years in violation of federal money laundering laws, a New York regulator said in an order warning that its U.S. unit may be suspended from doing business in the state.

Swiss banks must lure affluent clients from emerging markets or face a "slow death" as the pursuit of tax dodgers by U.S. and European authorities results in outflows of assets, industry officals and investors said.

Economists are looking beyond the usual data points like consumer spending, disposable income, and household wealth to measure economic progress. Social ties and perceived upward mobility matter just as much, according to Fed Chairman Ben Bernanke.

London equals weak regulation. Self-regulation equals self-interested regulation. Libor is set in London, by banks, through self-regulation. Why all the shock and outrage when banks set it to suit themselves?

Valerie Soranno Keating, the head of Barclays' global card operations, weighs in on mobile payments, the differences between the U.S. and U.K. markets and the importance of working with regulators.