Regulation

Hudson City Bancorp faces a U.S. government investigation into discriminatory lending practices, according to two people familiar with the matter, posing a potential new hurdle in the bank's long-delayed sale to M&T Bank Corp.

Sen. Elizabeth Warren, D-Mass., delivered a sweeping speech Wednesday aimed at what she's calling "the unfinished business of financial reform."

FDIC Vice Chairman Tom Hoenig outlined a new measure to grant reg relief, one based on activity rather than size. While his vision would grant 94% of banks substantial relief, he objected, however, to exempting institutions from the Volcker Rule.

Three former executives of Freddie Mac have settled charges that they lied about the government-sponsored enterprise's exposure to subprime mortgages before the market collapsed.

More than 70 banks are set to hit their seventh anniversary this year, crossing a threshold where they will have reduced regulatory scrutiny and relaxed capital ratios. While many are excited about the potential to growth, they are aiming to do so carefully.

Sens. Mark Warner, D-Va., and Dean Heller, R-Nev., introduced a bill Tuesday that would require the National Credit Union Administration to hold public hearings and receive comments on its annual operating budget.

Still reeling from underwriting guidelines that went into effect last year, some small lenders are worried that a new mortgage disclosure regime might be the thing that pushes them over the edge.

The Consumer Financial Protection Bureau filed a lawsuit Tuesday against the owner of several tax-preparation outlets that allegedly steered low-income clients into expensive loans against their anticipated refunds.

The Basel Committee needs to measure the efficacy of recently implemented rules, strengthen banks' operational risk requirements and make banks' risk models less variable. Luckily, secretary general William Coen has vowed to do just that.

Even small U.S. banks can end up doing business with institutions all across the world, but here are some jurisdictions were doing so is either outright forbidden or requires additional scrutiny.