Financial institutions

The president-elect should consider establishing an executive-level office to inform his administration on ushering in a new era of financial regulation — one that is much savvier about new technology and big data.

Minneapolis Federal Reserve Bank President Neel Kashkari has sketched out what he calls a streamlined, simplified post-crisis regulatory structure that can end "too big to fail" and prevent financial crises – but it comes at the expense of economic growth.

The surprising outcome of last week's presidential election is already causing some banks to adjust interest rates on loans and rethink their technology spending.

In a highly anticipated report, the Government Accountability Office found room for the Fed to improve its stress testing program, but its criticisms fell far short of industry hopes that the watchdog would provide cover for sweeping changes to the program.

Refusing to let innovators experiment in a permissive environment keeps regulators in the dark, and ultimately, prevents progress in financial services.

After anticipating four years of coordination with the White House, stunned Wall Street critics are reorganizing their priorities and vowing to oppose any attempts by the new Republican government to roll back post-crisis reforms.

Donald Trump's campaign strongly endorsed the idea of restoring the Depression-era separation of banking and commerce, but since Trump's victory, the idea has all but vanished.

President-elect Donald Trump's victory poses a unique quandary for the Federal Reserve both before and after he is sworn in — whether the central bank should attempt to finish the many rules still in process or keep its head down to avoid provoking a hostile Congress.

While remittances may pose higher risks than services like bill pay, they are absolutely necessary in an age of unprecedented migration. It's high time state and federal regulators update the rules to help inspire banks to re-risk.

UpLift is the latest Silicon Valley startup seeking to peel off a slice of the $1 trillion credit card market.

While Washington scrambles to make sense of President-elect Donald Trump's victory and Republicans' control of both chambers of Congress, the implications of the 2016 election on the Financial Stability Oversight Council will be swift and severe, analysts say.

Threats to the industry's control over payments were apparent before PayPal became popular. However, risks are even more visible and real today.

There was another surprise Tuesday as Republicans managed to keep a Senate majority following the elections, likely giving the gavel of the Banking Committee to Sen. Mike Crapo, a right-of-center Idaho lawmaker who has proven willing to reach across the political aisle in the past.

Republican presidential nominee Donald Trump's shocking victory late Tuesday left world markets rattled, and financial services companies facing an uncertain future. But once they adjust, financial institutions are likely to embrace Trump's de-regulatory agenda.

It is premature to say whether criticism of cross-selling and calls to break up the big banks will lead to action, but there is one area where a spinoff could actually be in the banks' interest.

WASHINGTON — A group of financial regulators have announced final changes to its ratings system for examining banks' compliance with consumer protection laws. The update to the ratings generally reflects changes in the marketplace since the rating system was adopted in 1980.

WASHINGTON – The Federal Reserve's periodic survey of bank loan officers indicates that a decline in banks' share of commercial and industrial lending activity is likely related to nonbanks' ability to outcompete on both price and loan terms.

If the Democratic nominee wins the presidency, she could quickly face opposition from within her own party regarding her moderate views on banking and economic policy, particularly from Sen. Elizabeth Warren.

Revelations from the last several weeks once again underscore the need for effective reputational risk management.

No matter the outcome of the divisive 2016 election, the many regulations still in the pipeline from banking regulators are not going to come to a screeching halt when the next president takes the helm in January.