Law and regulation

The Treasury Department plans to auction pools of securities in nearly two-thirds of the banks left in the Troubled Asset Relief Program, its most aggressive move yet to get small banks out of the program.

Richard Hunt, who assumed leadership of the Consumer Bankers Association three years ago as its president, has now been named the chief executive officer for the group.

Financial stocks rose Tuesday after federal housing regulators said they were revising guidelines that could reduce lenders' risks of having to buy back soured mortgages that have been securitized.

Discover Financial Services may be having more success than its peers in getting consumers to revolve balances from month to month — which is where more profits lie.

During the hearing, frequent reference was made to "risk," a word which was, and should still be, anathema in banking, for bankers do not take risks; they only underwrite risks.

As Comptroller Curry discloses concerns about JPMorgan Chase's risk management, lawmakers continue their debates over agency funding, derivatives oversight and other issues of the reform effort.

Consumers will be able to review complaints against individual credit card lenders through a new CFPB database.

JPMorgan had over $200 billion in TAG deposits in the last quarter. That's almost 20% of the bank's deposits and equal to 60% of the now-infamous chief investment office's portfolio.

Relief from fair value accounting is essential for community banks to survive and ultimately thrive in today’s economic climate. Fortunately, legislation before Congress would untether regulatory accounting practices from GAAP.

There are fewer opportunities for upward mobility, and it's likely that the bank you go to work for will soon be merged out of existence. Is this the kind of environment that attracts the best and brightest?

WASHINGTON — The Consumer Financial Protection Bureau will begin publishing credit card complaints June 19 in a searchable database, allowing the public for the first time to scrutinize the way individual banks handle complaints.

To address the squeeze that regulatory, media and consumer litigation pressures are placing on collection agencies, four collection industry veterans have joined to create Credit & Collection Certifications LLC.

The public will be able to review complaints against individual banks through a database the CFPB is launching Tuesday.

The Birmingham, Ala., bank stands out for its efforts to attract long-ignored customers to the traditional banking system with alternative products, including the popular but controversial "Ready Advance."

The Republican congressman urged the SEC, which has been studying computer-driven trading techniques, not to take steps that will hurt financial markets.

Private-sector watchdog for FSOC launches with goal of moving regulators in the direction of quicker rules to implement Dodd-Frank.

Five years after embarking on a path to become a bank holding company, specialty lender CapitalSource is almost there. Tad Lowrey, the CEO of CapitalSource Bank, thinks the Fed will approve an application next year, now that company is "smaller, simpler and cleaner."

BB&T (BBT) Chief Executive Kelly King urged his fellow bankers Monday to vote against politicians who favor more regulation of the private sector and replace them with leaders who have more faith in the free markets.

Among other things, House lawmakers shouldn't tell Jamie Dimon how awesome he is (he already knows) and shouldn't suggest over-regulation caused the $2 billion-plus loss at the bank. To find out the worst thing they could do, however, read on.

A lobby group for the world's largest banks warned Monday that regulators across the world risk pushing more financial activity into unregulated and non-transparent market niches, creating more of the risks that they meant to tackle.