Regulation

Kearny Financial (KRNY) of Fairfield, N.J., has decided to skip its next quarterly dividend payment despite a proposal from the Federal Reserve Board that would prohibit thrift holding companies from missing dividend payments.

Bank of America (BAC) is the latest bank to announce that it will redeem its trust-preferred securities in advance of new capital requirements that will start being phased in at the beginning of 2013.

Banks are increasingly trying to hire, and talking about hiring, military veterans, hoping that giving jobs to war heroes will help repair the industry's reputation.

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.

Report finds that smaller credit spreads helped lower the exposure in the first quarter of the year, but the continuing risks from the European debt crisis have some traders interested in higher returns.

The conventional wisdom is that Dodd-Frank compliance expenses are a significant drag on bank budgets. Sounds obvious, right?

New York Attorney General Eric T. Schneiderman announced agreements this week with two Western New York debt collectors, permanently barring one from the collection business and requiring the other one to pay $175,000 in penalties.

Bankers have been complaining that the signature financial bill would send their compliance-related expenses through the roof. So far, the numbers indicate otherwise.

A Texas community bank is leading a lawsuit against the Consumer Financial Protection Bureau.

The California Supreme Court ruled Thursday that national banks do not have to comply with a state law that required certain disclosures for convenience checks, another court victory for preemption advocates following changes to the law made by the Dodd-Frank Act.