Regulation

John Allison, the former chairman and CEO of BB&T, recently agreed to become the president and CEO of the Cato Institute, a leading libertarian think tank. He joins a growing list of former bank executives who are trying their hand at something totally unrelated to banking.

Barb Pacheco of the Kansas City Fed is keeping a close eye on mobile payment innovation, to help steer the course of new initiatives and to determine what regulators' role will be.

The real losers would be the biggest banks, the holders of second liens, not investors in first mortgages. Those investors might come out ahead, and homeowners and municipalities certainly would.

The new message focuses on a targeted approach to repealing certain provisions — rather than the whole law — and trying to convince everyday Americans they too will suffer the consequences of new rules for the financial industry.

Dodd-Frank rules on swaps can move forward now that the U.S. Commodity Futures Trading Commission voted on the definition of such trades.

Architects of the emerging mobile-payments industry may not have bargained on potentially significant regulations some legal experts are envisioning for it.

Federal bank regulators Tuesday recommended that financial institutions take special precaution when using third-party cloud computing services.

The House voted unanimously late Monday to repeal the nearly 20-year-old requirement that automated teller machines have physical placards notifying users of fees.

Sen. Carl Levin's investigations subcommittee plans to use British bank as example of money-laundering risks that face big global banks.

WASHINGTON – The House easily approved a bill July 9 that would eliminate the requirement for the on-machine second fee disclosure at ATMs, the source of a growing number of legal claims against deployers of the machines.