Law and regulation

Former U.S. Sen. Christopher Dodd weighed in on JPMorgan Chase's highly publicized trading loss, pointing to it as validation of the need for the landmark financial reform legislation of which he was a co-author.

The Federal Reserve Board turns 100 this December. To mark the event the U.S. central bank is pulling together an inventory of historical materials.

Illinois Rep. Donald Manzullo used a congressional hearing Friday on cyber-security to share some of his own, largely negative experiences with computers.

The stress tests failed to predict the losses that could result from hedges by JPMorgan, but the bank's high level of capital helped ensure it didn't trigger a broader problem for the firm or the system. Still, the existing capital requirements are inadequate, experts say.

Industry officials told a House panel that more cooperation between the public and private sectors is necessary in the fight against cyber-attacks.

FlexWage, which provides short-term financing to underbanked consumers, says its products are cheaper and more customer-friendly than the payday loans that regulators are scrutinizing.

The Office of the Comptroller of the Currency "underestimated" the risk of poor foreclosure practices at national banks and did not devote enough examination resources to identify those problems, according to the agency's chief watchdog.

Incensed shareholders and lawsuits triggered by failed say on pay votes aren't the half of it. Just wait until the expected M&A wave unleashes 'say on golden parachute' litigation.

Former U.S. Senator Christopher Dodd weighed in on JPMorgan Chase's much-publicized trading loss Thursday, pointing to it as validation of the need for the landmark financial reform legislation he co-authored.

As leaders of church and national minority business organizations, few of our congregants or constituents understand or care about the Volcker Rule. Most, however, are concerned about the growing gap in compensation between the working poor and that of the CEOs of major banks, such as Citigroup and JPMorgan Chase.

Societe Generale SA (GLE.FR) Chief Executive Frederic Oudea said it was too early to set up a banking union in Europe aimed at protecting depositors and preventing failing banks from threatening the financial system.

Heavy turnover after the near-death experiences of B of A and Citi have left their boards packed with veterans of finance and government. Captains of old-line industries make up the third largest contingent among the nation’s largest banks.

Even after adjusting for tax differences, S Corp banks generally outperform their C Corp peers.

The late Hyman Minsky's historic research on financial crises remains timeless.

Abacus Federal Savings Bank and more than a dozen of its former employees are facing criminal charges related to a scheme in which it allegedly falsified information on mortgage applications so that unqualified borrowers could secure loans.

The Consumer Financial Protection Bureau said Thursday it was seeking additional comments on the ability-to-repay rule, dashing expectations that a final rule would come by the end of June.

Newly initiated foreclosures by the Federal Housing Administration jumped 247% in April from a year earlier, while the overall number of foreclosure starts fell 3.1% in the same period.

The bill has drawn scrutiny because it would help only one bank, but its congressional supporters brushed off criticism Thursday.

The wash trading suit against the Royal Bank of Canada suggests that the Commodities Futures Trading Commission is taking a broader look at intra-bank trading — and using enforcement to solidify its new authority over exchanges.

The JOBS Act opened the door for more banks to deregister from the SEC. So far, more than 60 banks and thrifts have filed to deregister less than two months after the law was signed.