Regulation

Unlike the high-profile hacking incidents at big banks, smaller institutions have their own breed of threats such as cyberextortion that they must focus on in strengthening their security.

WASHINGTON — New York Governor Andrew Cuomo proposed a requirement on Tuesday that could put bank compliance officers on the hook if a bank's anti-money-laundering system fails to meet state standards.

Add retail customers to the list of groups raising concerns about possible high-pressure product-sales tactics at Wells Fargo; many of them are considering jumping ship in response, according to a new survey of customer attitudes at big banks. However, Wells' rivals shouldn't celebrate — they are at risk of losing customers, too, for a variety of reasons.

Sage Bank in Lowell, Mass., has agreed to pay about $1.2 million to settle Justice Department allegations of discrimination against minorities in mortgage lending.

Services are cropping up that help banks analyze bitcoin transactions for signs of criminal behavior such as money laundering. But such services come with their own risks.

WASHINGTON — Community banks are poised to score a big win after details about negotiations over a major highway spending bill emerged Tuesday.

Premara Financial in Charlotte, N.C., has raised $8.5 million in a stock offering and plans to exit the Small Business Lending Fund program.

It is wrong to claim the Federal Reserve's proposal requiring "total loss-absorbing capacity" will perpetuate the "too big to fail" problem. Indeed, it is just the opposite.

Wells Fargo and Morgan Stanley became the latest big banks Monday to promise to cut their support for the coal industry in the name of reducing the pollution blamed for global warming.

Despite the House Financial Services Committee's passage of a bill to convert the Consumer Financial Protection Bureau's leadership structure from a single director to a commission, Democrats have largely opposed the bill.