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Instead of excessive scrutiny of what Jamie Dimon says about the company's $2 billion-plus trading loss, time might be better spent in analyzing JPMorgan Chase's mortgage revenue, net interest margins and sources of long-term profits — and what it all says about the future of banking.
July 9 -
The Treasury Department will auction off its stakes in a dozen more banks as it works to aggressively wind down the Troubled Asset Relief Program.
July 9 -
In a bid to avoid the regulatory capture that's crippled other agencies, the Consumer Financial Protection Bureau is hiring outside the usual places and thinking outside the box.
July 9 -
The Federal Deposit Insurance Corp. has terminated a consent order with Northwest Savings Bank that had required the Warren, Pa., bank to strengthen various parts of its consumer compliance management system.
July 9 -
The Consumer Financial Protection Bureau has received mostly positive reviews. But complaints of inexperienced examiners and confrontational exams stem from the fledgling agency's effort to set itself apart from traditional banking regulators.
July 9 -
Labeling a quarter of the U.S. population as un- or underbanked may be derisive, but naming rights still go to those who control the financial services market banks.
July 9
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Banks are worried that the Federal Deposit Insurance Corp. is placing too much emphasis on the stressful years of the financial crisis in determining lenders' concentration of high-risk loans.
July 9 -
Authorities are searching for Aubrey Lee Price, a former director of Montgomery Bank & Trust, on charges that he bilked investors out of $40 million since 2008.
July 9 -
Unreasonably high taxes generate less, not more revenue for governments. Likewise, banks might make more money with lower fees, and become more compliant and less hated.
July 9
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The FDIC is backing away from covering losses, Countrywide's VIP program benefits members of Congress, an 'abusive' practice is defined, nine of the largest banks detail how to take them apart if they fail, and the OCC releases a report detailing every risk facing banks. Here are the Top 5 Washington stories last week.
July 9




