Compliance

The Department of Labor said Tuesday it is launching a probe into whether Wells Fargo violated labor laws by instituting stringent sales quotas — practices that led to a $190 million settlement with federal regulators earlier this month.

Amex has been given the court's blessing to deter merchants from steering consumers away from its pricier cards, raising questions for those pushing newer loyalty strategies.

Republican presidential nominee Donald Trump used the first debate late Monday to attack the Federal Reserve Board, reiterating accusations that it has purposely kept interest rates low to help President Obama.

Just in time for the first presidential debate, the Credit Union National Association is rolling out the next phase of its “Strong Credit Unions, Strong Middle Class” campaign, which it launched last year during the run-up to primary voting.

Matz was appointed to NCUA twice, by two different presidents, and has in-the-trenches experience from her time as an executive vice president at a credit union.

American Express Co. can prohibit merchants from steering customers to credit cards with lower transaction fees, a federal appeals court ruled in a case involving about $50 billion of merchant fees annually.

Technology? Bankers can keep up. New regulations? We've got people to handle that. But how to account for the flight of customers, prospective employees and economic opportunities from rural areas is perhaps the biggest challenge facing community lenders and policymakers, warns a longtime Oklahoma banker.

The Consumer Financial Protection Bureau on Monday fined a large auto title lender $9 million for failing to disclose the terms and costs of its title loans in three states, and for illegally exposing consumers' information to their employers.

First NBC Bank Holding of New Orleans disclosed that it will miss a self-imposed deadline for filing reports for the first and second quarters.

In 2010, lawmakers passed bipartisan reforms to bring transparency and competition to a debit card swipe fee market that had previously been void of both. Now, members of Congress want to undo that progress.