Regulation

Jamie Dimon may no longer be President Obama's favorite banker, but the president is still apparently a fan of Dimon's bank.

ORLANDO–Banks want to strike gold again in payments, but they are still struggling to figure out which river to pan.

The recently passed Jumpstart Our Business Startups ("JOBS 2012") Act had the laudable goal of giving small companies easier passage to IPOs, but it did so by unwinding some Sarbanes-Oxley protections and permitting a new method of financing called crowd-funding.

The Democratic Senate leader seized on the political momentum from the losses at JPMorgan Chase to push for a vote on President Obama's two nominees.

Two debt collection agency executives pleaded guilty Friday to allegations that they defrauded the Connecticut-based Webster Bank.

Sen. Bob Corker acknowledged that he is delaying a bill that would provide banks greater assurance of confidentiality when they provide information to the Consumer Financial Protection Bureau, saying that he wants a larger package of technical changes to Dodd-Frank.

RBS Citizens Financial Group is expanding its private student loans business across the contiguous United States, the company announced on Tuesday.

Banks are facing a Wild West atmosphere as they invest in a patchwork of new payments technologies, from prepaid cards to mobile payments, without any guarantees that they will pick the right one.

The Federal Deposit Insurance Corp. will give its next update on the health of the banking industry on May 24.

The $2 billion loss at JPMorgan Chase (JPM) has reopened debate on the Volcker rule. The proponents of the rule have seized on the story as proof that the Volcker rule is necessary and should be quickly put into effect by regulation. In reality, however, if the facts are as thus far reported, what happened at JPMorgan is proof that the Volcker rule is unworkable and should be repealed.