Regulation

Borrowers who have made five years of payments on their modified loans will be eligible to earn $5,000 in the next year to reduce their outstanding balance.

U.S. regulators are close to a final decision to label MetLife Inc. systemically important, two people with knowledge of the matter said, setting up a potential legal battle with the country's largest life insurer.

The watchdog agencies for two bank regulators issued reports this week that found a lack of minorities and women in senior-level positions.

Lawmakers are nearing an agreement on extending a federal backstop that covers a portion of corporations' losses from acts of terrorism, according to two congressional aides.

Regulators don't want to use the name Basel IV, but the sheer number of changes they are contemplating over the next few years add up to an entirely new capital regime.

Almost a year after the Volcker Rule was finalized, banks still have questions about which regulators are taking the lead on the rule and how the supervisory and enforcement process will work.

At a roundtable with federal and state regulators in Los Angeles this week, bankers offered some fresh ideas about possible regulatory relief. Here is a sampling.

The House passed an enhanced bankruptcy bill for large banks earlier this week, teeing up what's likely to be a broader — and more contentious — debate over the issue next year.

Zomato hasn't been able to add payment capabilities to its restaurant discovery app in its home base of India, but the company has found a more welcoming audience in Dubai, where it plans a pilot next month.

After nearly two years, the Justice Department so far has accused just one bank of facilitating consumer fraud. And the aftermath of that case suggests that prosecutors' strategy is not as effective as they hoped it would be.