Regulation

A coalition of midsize banks is preparing to oppose a bill eliminating a key Dodd-Frank Act threshold unless the language is further tweaked.

Federal Reserve Chair Janet Yellen, who has voiced concern over proposals to increase congressional influence over U.S. monetary policy, will meet with the powerful chairman of the Senate Banking Committee on Tuesday.

Thomas Depping would have been content to keep making small-business loans through his Houston-area bank, but regulatory pressure led him to give up his charter and form a nonbank lender with the same business model.

Lawmakers supported the credit union tax exemption at an industry conference on Tuesday, downplaying efforts to take another look at the issue this year as part of comprehensive tax reform.

Lucrative sale of a subprime lending unit. Big credit card deal. Clear business plan. It's looking like a good year for Citi — provided it passes the CCAR stress test this week and fills a key executive post.

Seeking a uniform process for card-not-present transactions in the Single Euro Payments Area throughout Europe, the European Payments Council has created a blueprint for an interoperable card and terminal infrastructure.

The Subsidy Reserve Act would bring into the open the financial benefits of being "too big to fail" — benefits the big banks claim to be nonexistent.

The European Parliament on March 9 voted in favor of capping interchange fees for domestic and cross-border transactions, a move that many European banks anticipated.

Tiered regulation could bring about a number of useful changes for regional banks, including a more customized approach to determining capital adequacy and simplified resolution planning requirements.

The Consumer Financial Protection Bureau's second arbitration study indicates the bureau's intent to regulate financial institutions' inclusion of clauses that prevent customers from suing.