Regulation

TD Bank will pay $850,000 as part of a multistate settlement related to a 2012 data breach, New York State Attorney General Eric Schneiderman said Wednesday.

A principles document on corporate governance from the international Basel Committee is another sign of supervisors' mounting interest in how management culture affects business decisions.

Regulators will unveil a long-awaited final rule next week that requires lenders to retain some of the risk for loans they securitize in the secondary market, a critical part of the Dodd-Frank Act that the agencies have struggled to implement.

Unless regulators coordinate their efforts to reform banks' home lending, mortgage servicing and remittance businesses, American consumers will continue to lose access to affordable financial services.

As the Seattle and Des Moines Home Loan banks inch closer to the first successful voluntary merger in the system's history, observers are beginning to ask which institution will try next.

Before regulators require the country's largest banks to take on more burdensome regulations, they need to reconsider the parameters used to assess the threat of systemic risk.

WASHINGTON — Dean Schultz, the long-time head of the Federal Home Loan Bank of San Francisco, is planning to retire next spring once his successor has been appointed, the bank said Friday.

Regulators, in their efforts to shore up banking, should be careful not to sow problems elsewhere, JPMorgan Chase's CEO said in his first public comments since July, when he disclosed he had been diagnosed with throat cancer.

Although the case ostensibly turns on whether loan officers should be paid for overtime, the high court is focused on whether government agencies have the right to substantially change regulations without seeking public comment.

In order to make homeownership more affordable, the FHFA should make sure that GSE guarantee fees fully recognize private mortgage insurance and restore the longstanding tax-deductible treatment of mortgage insurance premiums.