Regulation

With scant details of new plan to help homeowners, analysts weigh in on whether yet another program will help.

The foreclosure reviews mandated by the Fed and the OCC have a better chance of helping current and future borrowers than the state attorneys general settlement, if it ever happens.

For a smaller banks such as the $409 million-asset The Bank of Georgia, figuring out how to use social media safely and legally isn't easy.

The prepaid card company will introduce a bank account with a traditional debit card attached to it sometime this year, chief executive Steve Streit told American Banker.

Citigroup Inc., the third-biggest U.S. lender, will close a proprietary-trading desk that makes bets with the firm's own money and most of the unit's staff will leave before rules banning the practice take effect.

Although the Senate thinks of itself as the more civilized of Congress' two chambers, Consumer Financial Protection Bureau Director Richard Cordray cannot count on a warm welcome from everyone when he visits the Banking Committee next week.

If you wanted an up-close view of just how polarized American politics are in 2012, the U.S. Capitol's Statuary Hall was the place to be on Tuesday night.

A review of lawsuits filed against collection agencies and creditors in the first two-week reporting period for 2012 shows that Fair Debt Collection Practices Act (FDCPA) and Telephone Consumer Protection Act (TCPA) lawsuits are down from the same two-week period a year ago.

The FDIC has proposed rules surrounding its stress tests, but with rounds of negotiation with other agencies to come, it's unclear exactly what will govern the companies under its aegis. Deputy Washington Bureau Chief Joe Adler discusses how the agency will reconcile its stress tests with those of other regulators covering banks with $10 billion or more in assets.

Discover Financial Services is anticipating a joint enforcement action from the Federal Deposit Insurance Corporation and the Consumer Financial Protection Bureau over the marketing of its credit card payment protection products, the company disclosed in a regulatory filing posted late Thursday afternoon.