Regulation

While the topic of a House hearing Thursday was supposed to be about mortgage servicing standards, the target was really the Consumer Financial Protection Bureau.

The Treasury Department released details Thursday about the first wave of capital released under the much-anticipated Small Business Lending Fund.

WASHINGTON — Nearly three years to the day of seizing IndyMac Bank, the Federal Deposit Insurance Corp. launched formal action against its former chief executive, saying he "negligently" allowed the thrift to keep making risky loans despite signs of market stress.

JPMorgan Chase & Co. has agreed to pay $228 million to settle criminal and civil charges stemming from former employees' fraudulent bid-rigging of at least 141 municipal bond-related reinvestment contracts involving state and local issuers and conduit borrowers in at least 31 states over eight years.

As the five members of the FDIC board took their seats Wednesday, the elephant in the room was where they would be sitting next time.

Visa Inc. says some of its contracts with bank card issuers must be “redone” to comply with new debit card regulations that take effect this year, but most already meet the requirements.

Many prepaid card companies will be forced to strip away features — or even change bank partners — if they want to qualify for exemptions from the new caps on debit interchange fees.

The Federal Reserve on Tuesday announced three written agreements.

Many prepaid card companies will be forced to strip away features — or even change bank partners — if they want to qualify for exemptions from the new caps on debit interchange fees.

Visa Inc. says some of its contracts with bank card issuers must be "redone" to comply with new debit card regulations that take effect this year, but most already meet the requirements.