Regulation

A regulatory settlement or a Senate hearing can remove a particular cloud enveloping an institution, but create deeper doubts than the ones it removes.

Sanford "Sandy" Weill, who ushered in the era of supermarket banks with the creation of Citigroup (C) before the financial crisis, said U.S. lenders should be broken up to protect taxpayers.

Banks will be forced to put more capital behind derivatives trades in a push by global regulators to protect market stability and reinforce clearinghouses.

Last week's enforcement order against Capital One "signaled the CFPB is shooting for higher settlement amounts, is more interested in providing a detailed account of what went wrong, and wants to specify exactly what institutions should do in similar situations," writes American Banker's Kevin Wack.

Bankers who want to cash out ahead of a potential hike in the capital gains tax next year need to act fast, M&A experts say.

The yield curve flattened and it showed in margins among the first wave of banks to post second quarter results. But a sizeable group used some remaining levers – like the retirement of trust-preferred securities – to buck the trend.

The CFPB director appeared Tuesday before the congressional panel most hostile to his agency, but the proceedings generally remained civil and respectful.

We know banks large and small are concerned about the compliance costs and other implications of Dodd-Frank. How about credit unions?

At a Senate hearing on ways to help borrowers, Tennessee Republican Bob Corker said debate over education costs should "look at the entire picture."

A bipartisan bill that would permit regulators to grant federal charters to nonbank consumer lenders is being met with fierce resistance — particularly from regulators themselves.