Regulation

Fannie and Freddie would have to file suspicious activity reports directly to Fincen under a new plan unveiled Thursday.

Senate Banking Committee Chairman Tim Johnson announced Thursday that he plans to hold a hearing on bonuses paid to executives at Fannie Mae and Freddie Mac.

Freddie Mac posted a $4.4 billion loss during the third quarter, up from a year-ago loss of $2.5 billion, marking its worst quarterly loss in more than one year.

Federal Reserve Board Chairman Ben Bernanke sought to assuage fears by the biggest banks in the United States that they may have to follow European counterparts in raising capital standards to 9% by mid-2012.

Michel Y. Dérobert of the Swiss Private Bankers Association discusses capital regulations, sovereign debt risk and Americans' perception that Swiss banks abet tax dodgers.

In an effort to curb speculation in financial markets and increase government revenue, a group of House and Senate Democrats on Wednesday introduced legislation that would tax certain financial transactions.

Consumers are complaining less about the way credit card companies treat them following the 2010 implementation of the Credit Card Accountability, Disclosure and Responsibility Act, new survey data from Consumer Reports suggest.

Raj Date, the interim head of the Consumer Financial Protection Bureau, faced pointed questions and criticisms from Republicans in his first appearance before Congress since taking over for Elizabeth Warren last August.

The FDIC tries to stay clear of being the agency that closes a bank's doors. But working behind the scenes to guard its insurance fund, the agency is often significantly involved in the decision of when to fail an institution.

The industry needs to find its way to a future in which the president isn't complaining and the Wall Street occupiers go home and disenchanted customers are content.