Regulation

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Regulators in Georgia closed the $217 million-asset Jasper Banking, which became the industry's 39th bank to fail this year.

The Treasury Department did not sell some of the preferred shares it owns two community banks as planned after it received insufficient bids for the securities.

The Federal Reserve Board entered into a written agreement with Cornerstone Bancorp that requires the St. Petersburg, Fla., company to serve as a source of strength for its bank.

The Clearing House made the case for big banks' "social utility," arguing that banking behemoths pay dividends in efficiency, flexibility, and innovation.

WASHINGTON — The heads of two key banking trade associations on Friday repeated their calls for Congress to extend the Transaction Account Guarantee program.

The directors of the newly created Offices of Women and Minority Inclusion recently submitted their first reports to Congress. These reports show a good start, but also illustrate how much remains to be done.

Sovereign Bank defeated an overdraft fee lawsuit in Florida federal court on Thursday, making it the only bank to successfully argue its overdraft practices were sanctioned by federal regulators.

A joint effort by U.S. and international standards-setters to write rules on loss provisioning hits a speed bump just as an SEC report shows the broader aim of a truly global accounting regime is still far-off.

The Federal Reserve Board on July 27 approved a final rule that amends the provisions in its debit-pricing rule that permit debit card issuers subject to the interchange fee standards under the Durbin amendment to Dodd-Fank to receive a fraud-prevention adjustment.