Regulation

Market evolution in recent decades has made it harder and harder for smaller institutions to access capital. Meanwhile, regulatory restrictions impede alternatives that could fill the void.

Under the Dodd-Frank Act, the National Futures Association is set to take on a good deal more authority over the swaps and derivatives market.

Herb Allison recently spoke to American Banker about his new e-book, "The Megabanks Mess." Here is an edited transcript of the interview:

The agency's final rule contains glaring legal errors and whitewashes the role preemption played in enabling the lending excesses that precipitated the crisis.

Hell-bent on protecting its dominant share of the U.S. debit card market amid new regulations, Visa Inc. introduced pricing incentives for merchants to route more transactions over its network.

If banks can track borrowers' interest rates and terms, how hard can it be for them to track which borrowers are serving in the military?

Herb Allison, the former president of Merrill Lynch, head of Fannie Mae, and top Treasury official, says there is only one way to end "too big to fail."

Federal banking regulators are preparing guidance to address issues if the debt ceiling is not raised before Aug. 2, while large bank CEOs are calling for action.

After two years in court, the many legal fights over banks’ overdraft practices have produced a national class action against Union Bank of California. And in a move that may put more pressure on banks, plaintiffs’ attorneys have moved to unseal records in the case.

In an overdraft class action, plaintiffs' attorneys moved to unseal records in the case. This move could prompt greater public scrutiny of banks' motives.