Law and regulation

First Northern Community Bancorp in Dixon, Calif., has exited the Small Business Lending Fund.

The Democratic candidate insists “too-big-to-fail” banks are bigger than they were during the crisis, but their true sizes are masked by off-balance sheet reporting.

Federal Reserve Chair Janet Yellen is scheduled to testify before the House Financial Services Committee next week on the central bank’s regulatory activities.

PricewaterhouseCoopers has hired a former FBI deputy director to lead a new consulting group to address financial crime issues.

First Horizon National Corp. in Memphis expects to be fined up to $11.5 million by federal arbitration panel, in a dispute over its sale of preferred-term securities to First United Corp. in Oakland, Md.

Banks should be prepared for the potential that an investor with a growing stake does not have the institution’s interests at heart.

New York’s attorney general called on more than 90 banks including units of Toronto-Dominion Bank and HSBC Holdings to revamp customer screening procedures to give poor people better access to financial services.

The financial condition of the Federal Housing Administration’s mortgage insurance fund has improved “significantly” over the past year, Department of Housing and Urban Development Secretary Julian Castro predicted late Monday.

The acting head of New York’s Department of Financial Services will step down before the end of the year, giving New York Governor Andrew Cuomo a run at reshaping a regulator that has levied billions of dollars of penalties against international banks and at times raised hackles in foreign capitals.

The Federal Deposit Insurance Corp. recently held meetings with state regulators in which agency officials emphasized that they are open to new applicants, responding to criticism that the standards for granting deposit insurance have been too high.