Financial institutions

An online student loan refinancing business that was recently spun off from a Virginia bank has been rebranded as Purefy Inc.

Continued doubts over ending "too big to fail" should force managers to elevate underappreciated staff whose job is to attack oncoming risks.

To tackle alternatives to payday lending, regulators and the industry should consider these three ideas for pilot programs instead of the Consumer Financial Protection Bureau trying to fix what it cannot.

Community banks are at a crossroads as they face a threat from alternative lenders and the need to stay true to the traditional bank model. What they should do?

WASHINGTON — Several Democratic senators are calling for the Government Accountability Office to investigate whether financial technology companies are properly regulated.

Minneapolis Federal Reserve Bank President Neel Kashkari on Monday expanded on his views about the state of financial regulation while casting doubt on the "total loss absorbing capacity" concept for bailing in failed banks.

The idea of financial institutions resembling utilities has caught on with some industry observers for reasons other than reducing systemic risk.

The $5 billion settlement between Goldman Sachs and the Department of Justice sounds significant, but here's why it's not real accountability.

The National Credit Union Administration quietly announced Thursday a meeting to discuss a reproposed executive compensation rule — one of the last and most important unfinished regulations in Dodd-Frank.

Democratic presidential hopefuls Bernie Sanders and Hillary Clinton both emphasized during a late Thursday debate that they are prepared to break up megabanks that pose a systemic risk to the U.S. economy, but also showed there are differences in how they approach "too big to fail."

WASHINGTON — The House passed a bill 247-171 on Thursday that would raise the threshold for a Federal Reserve Board exemption that helps banks raise Tier 1 capital.

Suddenly, online lenders are struggling, or paying higher prices, to attract the institutional money that has fueled their rapid rise.

House Republicans moved two bills through committee on Wednesday that would each roll back key provisions of the Dodd-Frank Act.

The Office of Financial Research, an agency tasked with examining emerging threats to the financial system, said in a paper released Wednesday that U.S. global systemically important banks remain among the riskiest in the world, though risks from Chinese banks are growing the fastest.

U.S. regulators have asked their internal watchdogs to examine how assessments of banks' plans for winding down during a potential bankruptcy ended up in a news article.

Retail banks must reinvent the way they charge consumers for their services at a time when institutions are struggling for profitability.

The decision blocking the Financial Stability Oversight Council's designation of MetLife was presaged in factual and legal arguments made by trade associations and others for more than five years.

Regulators struck down the living wills of five of the eight megabanks under evaluation, including JPMorgan Chase, Bank of America and Wells Fargo, requiring them to submit fixes to their resolution plans by Oct. 1 or face more stringent regulatory requirements.

WASHINGTON — The House passed a bill Tuesday that would create a new bankruptcy system for large financial institutions.

WASHINGTON — The Federal Reserve Board and the Federal Deposit Insurance Corp. should rethink the review process for big banks' resolution plans, the Government Accountability Office said in a report released Tuesday.