Regulation

The populist rhetoric is heating up in Montana Senate race between Jon Tester and his Republican rival. Both the tone of the race and its ultimate outcome will have big implications for banking.

Jim McMahon may have been a master at the Super Bowl Shuffle dance, but the former Chicago Bears quarterback apparently was less skilled as a bank director.

HSBC's head of group compliance, David Bagley, told a Senate hearing he will step down amid charges the bank gave terrorists, drug cartels and criminals access to the U.S. financial system by failing to guard against money laundering.

The city says the bank's inaction has blighted neighborhoods, but U.S. Bank insists it is suing the wrong party.

The regulator's recent report highlights supposedly high-priority concerns about small banks without mentioning the size, concentration and real risks of the megabanks.

The CFPB announced that it will include credit rating agencies in the scope of its supervision. Dodd-Frank authorizes the agency to extend its oversight to non-lending institutions.

In the United States, outlining a different narrative about what happened in the financial crisis opens one to political attack.

WASHINGTON — The House Financial Services Committee has opened a bipartisan examination of allegations that the London interbank offered rate was manipulated.

The credit card industry's proposed deal to settle long-pending retailer lawsuits set insiders chattering, divided over how much each side won and lost in the deal.

The cost of Dodd-Frank is driving banks to charge more for checking accounts and, in turn, driving more customers out of the banking fold and into the prepaid world, writes a compliance specialist at Hancock Bank.