Finance

The proposal would bring companies cited for civil enforcement actions under its scope to bar them from doing business with the government-sponsored enterprises.

Bonds backed by car loans made by U.S. Auto Sales and American Car Center, two used-car dealers that shut their doors earlier this year, have been veering into distress in recent weeks. Meanwhile, borrowers have been falling behind on payments.

Banks know what they're looking for. Here are key ways to show them that you can bring it to the table.

California's bid to regulate EWA programs as though they are loans would harm workers, companies and the state's economy.

With LIBOR's long-awaited sunset, the future of interest rate benchmarking must be defined by choice.

The legislation has support among Republicans, who hold a slim majority in the chamber.

Aite-Novarica, RBR rebrand as 'Datos Insights'; Singapore fines DBS, Citi for breaches in Wirecard scandal; the top-ranked employers for working fathers on Wall Street and more in this week's banking news roundup.

In an online commentary published Wednesday, the Atlanta Fed president said he agreed with the view that "the bar to justify further rate hikes is higher than it was a few months ago."

Bank of America had a 55% increase in new clients in May, and the lender is planning to bulk up staffing to keep up with demand. 

Data from recent bank failures suggests that prevailing assumptions about which deposits are the most volatile could be dangerously flawed.