Law and regulation

Outside experts have been left wondering what kinds of controls firms that offer daily fantasy sports contests are putting in place to prevent them from becoming money laundering hubs — and how careful banks should be when doing business with them.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

Democratic presidential front-runner Hillary Clinton’s first major speech on Wall Street reform Thursday is unlikely to persuade skeptics on the left that she is committed to going further than President Obama on the issue. Here’s why.

The Federal Reserve Bank of New York has appointed a new leader of its bank supervision arm, the bank announced Thursday.

WASHINGTON — The Consumer Financial Protection Bureau warned lenders Thursday to avoid marketing services agreements where payment for advertising is really just disguising kickbacks.

The Federal Deposit Insurance Corp. has a new Chief Information Officer.

Democratic candidate Hillary Clinton's financial reform plan is far less ambitious than other Democrats' proposals but would still be a tough sell in a Republican-controlled Congress.

CPI Card Group Inc., which makes payment cards for lenders including Bank of America Corp. and American Express Co., cut the size of its initial public offering for a second time to $150 million and pared its share price amid choppy equity markets.

WASHINGTON — The House voted 303 to 121 on Wednesday to pass a bill that would delay enforcement of new mortgage disclosures that went into effect on Oct. 3.

Royal Bank of Canada has received approval from the Federal Reserve Board to buy City National in Los Angeles.