Law and regulation

With Volcker and Hoenig scheduled to speak on TBTF policies, Ohio Sen. Brown introduces bill to strengthen caps on an institution's liabilities.

The legislation would ban high-to-low reordering of transactions and limit the number of overdraft fees that a bank can charge each year.

Some banks are missing out on a large opportunity to offer prepaid cards to potential customers, 15% of whom get turned down for traditional products, according to prepaid specialist The Bancorp.

B of A's annual meeting drew hundreds of protesters, and shareholders complained to CEO Brian Moynihan about the company’s foreclosure practices.

Freddie Mac has picked a former chief executive of an online securities brokerage firm to be its new CEO, according to published reports.

Without solid corporate governance, a bank is rudderless in a sea of competing interests, so efforts to improve it are central to reforming our financial system.

Fannie Mae posted $3 billion in total "comprehensive" income in the first quarter, and then turned around and paid the U.S. Treasury $2.8 billion in dividends, according to figures released Wednesday morning.

The announcement by Bank of America (BAC) of their plan to offer up to 200,000 struggling homeowners a new lease on life for their underwater mortgage through principal reduction at first glance seems like a major step forward in addressing a nearly 5-year old problem.

The more obscure a credit card issuer's pricing and the more aggressive its marketing, the more its losses jumped during the recession, according to a new study from the Center for Responsible Lending.

As Democrats mounted a push to pass refinancing legislation Tuesday, Republicans on the Senate Banking Committee warned against the consequences of leaving them out of the process.

Louisiana has filed a RICO complaint against MERS and a host of megabanks, Bank of America included. Down the line, consumer advocates hope hard-nosed prosecutors can provide what Occupy may not be able to: justice for homeowners.

Frustrated with record-high unemployment levels, some lawmakers are looking to overhaul the central bank's mandate.

The renewed focus on fair lending and UDAP issues, especially with the advent of the Consumer Financial Protection Bureau, is becoming a bigger factor in CRA ratings.

The banking industry suffered credit crises in the 1970s, 1980s, 1990s, and 2000s. An unavoidable conclusion is that its loan loss reserves were in all cases too small.

Bankers received an earful about pay from the public this year. But among the audience that matters most—their own shareholders—the feedback was overwhelmingly positive.

A coalition of activist groups is planning a massive demonstration of as many as 1,000 participants at Bank of America's annual meeting in Charlotte, N.C., on Wednesday.

"We've been pretty aggressive" marketing the revamped refi program to customers, says a Fifth Third mortgage executive. Lenders are making so much money on secondary market sales they're practically "stealing it."

Industry stakeholders argue the central bank's massive proposal to implement a series of new rules, including new capital and liquidity standards, would curb credit availability and create a one-size-fits-all regulatory model.

Paul Nash, a former lobbyist, will advise the new comptroller after heading FDIC's legislative operations during run-up to Dodd-Frank.

Over and over we heard at the Milken Institute Global Conference that there's a "clog in the transmission mechanism" of the economy.