Regulation

The Financial Services Forum announced Friday that it has named Laena Fallon as its vice president for communications, effective in August.

The government plans to collect $137 million from some of the nation's biggest banks and financial firms to help cover the cost of a new research office officials hope can help prevent future financial calamities.

Regulators revealed on Friday this year's list of communities where banks can receive credit under the Community Reinvestment Act for working in those areas.

Regulators have entered into a consent order with First Bank of Miami that requires the Coral Gables, Fla., company to maintain certain capital levels and ensure compliance with the Bank Secrecy Act.

American Express plans to begin issuing secure chip cards in the U.S. this year, and it has released a timeline for merchants to follow in accepting those cards. Like every other network's roadmap, Amex sticks closely to the plan Visa announced last August.

American Banker readers share their views on the most pressing banking topics of the week. As excerpted from the Comments sections of AmericanBanker.com articles.

Nine of the most systemically important banks will submit their resolution plans to the FDIC and Federal Reserve by Tuesday, with the public portion of the so-called living wills expected to be released that afternoon.

Brian Sack, the head of the New York Fed's markets group, has rescinded his resignation and will stay with the bank as a senior adviser to President William Dudley.

Alleged panaceas abound for the banking industry's ills. Unfortunately, many are likely to prove less effective than advertised, cause collateral damage, or both. Here's a look at some of the most popular silver-bullet proposals and their shortcomings.

The high court declined to rule this week in a case involving the right of consumers to sue banks for failing to post ATM fees. That leads banks back to Capitol Hill in their quest for relief from a costly spate of nuisance lawsuits.