Regulation

Former Federal Reserve Board official Stephen H. Meyer has joined the Washington D.C. office of Sullivan & Cromwell LLP.

Thomas Curry officially took office Monday as the 30th Comptroller of the Currency, the agency announced in a press release.

Goldman Sachs Group [GS] is raising money for a new fund that will buy home-loan bonds and, it hopes, benefit from an improving real-estate market, according to Bloomberg. My initial reaction is: this is insane.

JPMorgan Chase (JPM) has donated $5.5 million to the University of Colorado Denver Business School to open a center for the study of commodities.

The OCC's approval clears First Niagara to close its deal for 195 branches in New York and Connecticut by May 18, CEO John Koelmel says.

Participants in the Small Business Lending Fund increased small business lending by $1.3 billion in the fourth quarter, a 37% increase from the previous quarter, the Treasury Department said Monday.

The industry wants to avoid rate hikes, service cutbacks and new competition from the public sector.

Two years after the federal government largely took over the student loan market, the remaining banks in the industry are preparing for another shakeup.

Ally Financial Inc., the government-owned auto lender, is making a $134 million dividend payment to the Treasury Department.

A federal court has imposed a $3.89 million judgment against Samuel Paul Bain and three of his companies - U.S. Homeowners Relief Inc., Waypoint Law Group Inc. and American Lending Review Inc. - for their role in an allegedly fraudulent mortgage modification and foreclosure relief scheme.