Regulation

From the architects of multibillion-dollar mortgage settlements comes the latest scare for banks: a Department of Justice investigation of subprime auto lending. But the auto loan market has a different track record and players than mortgages, setting the stage for a unique fight among prosecutors, lenders and dealers.

The Federal Deposit Insurance Corp. and Federal Reserve Board offered blunt criticism of "living wills" filed by the most complex banks, and warned that failure to improve their 2015 plans could have consequences.

President Obama became the latest policymaker to wish he could make the regulatory system simpler and more efficient. Yet there are powerful reasons why it will never happen. Here's why.

Citigroup's $285 million mortgage-securities pact with the U.S. Securities and Exchange Commission was approved by a judge whose earlier rejection of the accord was assailed by a federal appeals court.

A report on big bank subsidies offers proof that statutory, regulatory, and industry changes have strengthened the financial system in the years since the crisis, according to Financial Services Forum chief Rob Nichols.

The skill set of successful military commanders makes them uniquely well-suited to compliance roles in today's strict regulatory environment, writes former U.S. Army Captain Jonathan Hendershott.

In politics, every penny counts to secure a candidate's position in office. Bitcoin's low cost of acceptance, accompanied by increasing clarity from regulators over its role in campaigns, is making it a more appealing choice for accepting donations.

The Office of the Comptroller of the Currency has issued new guidelines on the sale of consumer debt, a move that could help reform a practice that consumer groups say is plagued by errors and abuses.

The Department of Justice subpoena asks for documents related to representations and warranties made by GM's financing arm on auto loans that were packaged into securities.

When consumer groups sent mystery shoppers into big-bank branches to learn about overdraft coverage, they were given information that was incomplete, confusing or flat-out wrong, according to a new report.