Regulation

Banks and credit card companies could find themselves on the losing end if the daily fantasy sports companies DraftKings and FanDuel are deemed to have been running illegal gambling operations in the state of New York.

Evidence points to thousands of arbitrations for individual claims in recent years, and there likely would have been more if not for negative publicity about arbitrations.

First Resource Bank in Exton, Pa., has redeemed most of its Small Business Lending Fund preferred shares.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

The agency's board, however, delayed action on a contentious proposal to increase a key population threshold for determining fields of membership in metropolitan markets. Bankers remain on alert, however, because the agency has indicated an interest in revisiting the issue.

WASHINGTON — The Federal Deposit Insurance Corp. on Tuesday will release results of the banking industry's performance for the third quarter.

California regulators have approved a request from private-equity firm Carpenter & Co. to raise capital for a new state-chartered bank.

The industry deserves credit for rebuilding the Deposit Insurance Fund after the crisis, but victory is far from achieved in preparing agency reserves for the next crisis.

Did men get more than their fair share of the managing director promotions at Goldman Sachs, and what does Barbie have to do with a Fed trailblazer? Also, JPMorgan Chase's Mary Callahan Erdoes isn't getting on the robo-advisory bandwagon and women talk about "systematic sexism" in the journalism and entertainment fields.

Banks and credit card companies could find themselves on the losing end if daily fantasy sports giants DraftKings and FanDuel are deemed to have been running illegal gambling operations in the state of New York.