Law and regulation

State financial regulators have received few applications for licensing Bitcoin businesses even as they've handled many inquiries about them, according to David Cotney, the commissioner of banks in Massachusetts.

WASHINGTON — The Federal Deposit Insurance Corp. will release a long-awaited document Tuesday detailing how it plans to use the "single point of entry" method to resolve failed behemoths.

Following pressure from the governors of Colorado and Washington, the agencies say they're considering steps to lessen banks' risk when establishing relationships with pot dispensaries and producers.

A ban on portfolio hedging would perfectly illustrate the current practice of regulatory ‘populism’ that has pervaded financial regulatory reform since the crisis.

New York's Benjamin Lawsky and other state regulators have given no indication of differentiating between online lenders that operate well and those that don’t. Yet the spectrum of alternative lending operations indicates that just such a distinction is needed.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

Appearing between two higher-profile speakers at D.C. conference, Luis Aguilar reminds audience that Sean Connery did not in fact pass the baton straight to Roger Moore.

With just two weeks left before Congress takes a holiday recess, lawmakers are stepping up efforts to deter frivolous patent lawsuits against banks and a host of other companies.

PNC has put the historic Pennsylvania Avenue headquarters building of Riggs National Bank on the market.

The $806 million-asset company and the FDIC entered into a consent order related to AML and Bank Secrecy Act controls, staffing and administration, Banesco said Friday.

The New York State Department of Financial Services has approved three banks to convert to state charters.

WASHINGTON — The Federal Reserve on Friday launched an interactive Web site marking of its 100th anniversary since the U.S. central bank was created by President Woodrow Wilson.

Consumer Financial Protection Bureau Director Richard Cordray debunked myths on Thursday about the agency's new mortgage rule.

Reduced lending, fewer leaders in times of crisis and less innovation – that’s what we’d have if only the biggest banks were allowed to survive.

Colorado's top banking regulator — the only state supervisor to get overruled by the Federal Reserve Board on a failure — is retiring.

Federal Deposit Insurance Corp. Chairman Martin Gruenberg said the agency plans to release a report next year exploring how mobile phone use could help expand access to banks.

Metropolitan National Bank in New York is changing its name and ditching its national charter.

The Federal Reserve Board has ended a regulatory action against PathFinder Bancorp (PBHC) in Lake Oswego, N.Y.

The Federal Reserve Board says it followed a proper system for establishing debit interchange caps and fully abided by the Durbin Amendment's requirement for merchants to have two unaffiliated networks to choose from for routing debit transactions.

Consumer Financial Protection Bureau Director Richard Cordray said down payment standards are among the falsehoods rumored to be in the agency’s mortgage regulation that takes effect Jan. 10.