Regulation

ValueAct Capital Management, the activist fund run by Jeff Ubben, disclosed a new 1.1 percent stake in American Express Co.

Critics of the Consumer Financial Protection Bureau's data collection haven't bothered to learn the basic facts about the data the regulator collects before veering off into black helicopter paranoia.

New Supplemental Performance Metric should encourage lenders serve lower credit scores borrowers.

The Federal Trade Commission has closed its investigation of Morgan Stanley's massive data breach. It has identified the problem that allowed the breach to happen: access controls to a narrow set of reports were improperly configured.

The FDIC wants to enlist banks to help determine which customers are insured and uninsured, but some say the FDIC is passing what should be its responsibility on to the industry.

The Federal Reserve Bank of Dallas has named Robert Steven Kaplan, a Harvard Business School professor, as its new president and chief executive officer.

The SEC's new rule requiring companies to disclose the relationship between CEO pay and that of the median employee may be a headache for big banks. But smaller financial institutions should have an easier time calculating the pay ratios, and the numbers are unlikely to attract much scrutiny.

The $120 million-asset mutual thrift filed its application with federal regulators this month. Citizens expects the formation to be completed by the first quarter, Chief Executive Tommy Johnson said in an interview.

Indictments are still pending in the case of an alleged Bitcoin money laundering scheme involving a tiny low-income credit union in New Jersey.

The U.S. Justice Department is looking into Citigroup's dealings with companies linked to Mexican billionaire Carlos Hank Rhon as part of an expanding investigation into the bank's money-laundering controls.