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The majority of likely voters, regardless of party affiliation, support the Dodd-Frank financial reform law and the Consumer Financial Protection Bureau, according to a poll organized by consumer advocates.
July 18 -
U.S. Bancorp executives view the issuer's portion of the proposed $7.25 billion swipe-fee settlement, which some merchants are fighting, as an expense already incurred.
July 18 -
The Federal Reserve Board has entered into a written agreement with TCB Holding that requires the Woodlands, Texas, company to serve as a source of strength for its bank.
July 18 -
Visa Europe should match MasterCard's lower fees for credit cards to settle a European Union antitrust investigation, the EU’s antitrust chief said.
July 18 -
Two years after Dodd-Frank became law, the banking system continues to lack the basic tenants of transparency into the workings of the largest institutions and the good governance that comes with strong board oversight.
July 18 -
Mete out fitting punishments and get it over with. There are much more urgent issues in front of us.
July 18
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The Durbin amendment in Dodd-Frank eliminated debit-network exclusivity, prompting heightened competition among the electronic funds transfer networks.The NYCE network, which is owned by FIS, already has benefited.
July 18 -
HSBC executives, grilled by the Senate over anti-money laundering lapses, have become a study of what happens when a bank mismanages risk.
July 18 -
Consumer bureau, working in conjunction with OCC, orders Capital One to pay $210 million for deceptive credit-card marketing practices.
July 18 -
Firms may abandon prudent risk management practices such as hedging with derivatives to avoid the SIFI designation. Agencies should have to prepare the equivalent of an Environmental Impact Statement before slapping the SIFI stamp on a firm.
July 18



