Regulation

The social media furor after a powerful congressman targeted a community bank exec underscores the difficulties of managing in the current partisan political climate.

Financial regulators issued joint guidance on Wednesday highlighting the availability of cross-state appraiser licensing agreements.

The acquirer of the failed Milwaukee bank passed on assuming control of 107 in-store locations, but drawing a sweeping conclusion about the state of in-store banking from one story is difficult.

In the end, many of the reforms designed to protect the global financial system and leading global economies from future crises could be erased.

Wells Fargo streamlines Western unit, shifts executives as post-scandal overhaul continues; Goldman Sachs gets grief for "cynical" purchase of Venezuelan bonds at deep discount.

The bank agreed to improve anti-laundering controls deemed "unsafe" by the Fed, including oversight of so-called mirror trades that may have helped foreign customers hide large sums of money.

The Federal Reserve is right to look at shrinking its bloated balance sheet. But if it doesn’t simultaneously stop paying banks to hoard money, the Fed will create the next recession.

The OCC recently gave Sterling a "satisfactory" rating and said the New York bank had addressed some concerns by the Fed that had leaked to the public and raised questions about its pending M&A deal.

Reliance on asset-based loans protects banks as retail chains flounder; average FICO score hits record 700 while the percentage of those with scores below 600 hits new low.

The bank is the second failure in Illinois so far in 2017. Seaway Bank was closed in late January.