Regulation

While Visa is adding new fees and reducing existing ones to entice merchant routing, MasterCard plans to make changes only on a deal-by-deal basis.

Visa Inc. fired the first shot in the post-Durbin pricing war, but MasterCard Worldwide is not ready to pull the trigger, at least not yet.

At a time when megabank mortgage servicers are under siege by regulators and consumer groups for their treatment of customers, a small band of specialty servicers is trying to convince Washington that its members can do better.

At a Senate hearing on the future of U.S. mortgage finance, industry representatives said there are ways to bring more private capital into the market prior to the passage of any overhaul legislation.

Comerica has settled its Experi-Metal hacking case out of court, despite an earlier vow that it would appeal. It's a sign of how new security guidelines are starting to affect banks.

One of the likely less-appreciated perks of being Federal Reserve Board chairman is that you are a frequent target of The Onion.

Countries pledge coordination but then go their own ways when it comes to financial regulation. Could it spell the end of global finance?

Bank of America Corp. is having preliminary conversations about a home-foreclosure settlement that would reduce the amounts owed by some of its troubled borrowers in exchange for a broad release from legal claims against the lender, said people familiar with the talks.

Higher spending on its credit and debit cards boosted MasterCard Inc.'s second-quarter net revenue by 22.1% from a year earlier.

The dramatic exit of Dominique Strauss-Kahn from the International Monetary Fund and the selection of Christine Lagarde as the fund's new managing director have put the international spotlight on the process by which leadership of international financial bodies is determined.