Regulation

Charles Taylor, the OCC's new deputy head of capital policy, comes from the Pew Project on Financial Reform, which has pushed for interventionist regulation of the sort the agency usually opposes.

The debit card likely will not go the way of the paper check, its role is rapidly transforming, and its days as a single-purpose product are looking increasingly numbered.

Ag banks and superregionals will be on the rise, many community banks and branches will have disappeared, and three mini-financial crises will have occurred, a roundtable of experts said when asked to predict banking in 2036.

The industry's criticism of the agency does not apply when it comes to nonbank supervision.

Small banks continued to withdraw credit from small businesses in the second quarter, but data indicates that large banks opened up the spigot on small business credit cards.

Global custodians have spent decades using bundled fees to mask egregious conflicts of interest and overcharge pension funds, and by extension the taxpayers and public servants who underwrite them.

Andrew Kahr's excellent discussion of how "Systemic Risk Is About Assets, Not Size" rightly focuses on bubble-inflating movements in the aggregate balance sheet of the financial sector. We should expand on three of his insightful points:

It seems everyone in community banking knows the model needs to evolve, but few have any great ideas on how to do it. One thing does seem certain: standing still is not an option.

New York Attorney General Eric Schneiderman was removed from a leadership role in negotiating a nationwide foreclosure settlement with U.S. banks because his office "actively worked to undermine" the effort, a state official said.

P.D. Recovery, a now-defunct collection agency, and Internet payday lender Government Employees Credit Center reached a settlement with West Virginia Attorney General Darrell McGraw's office.