Law and regulation

House Republicans are expected to once again push for repeal of the FDIC's orderly liquidation authority outlined in the Dodd-Frank law as they fight over President Obama's budget.

WASHINGTON — The Federal Deposit Insurance Corp. has made it a little easier for institutions to hire employees who previously had committed insignificant crimes, the agency said Friday.

Missouri and Utah join a list of seven other states where lawmakers are considering whether to ban the check-out fees.

Fierce competition, a run-up in prices, and an expected jump in interest rates in the years ahead could spell bad news for banks that hold multifamily loans on their balance sheets. Cheap financing from Fannie and Freddie is also fueling concerns of a bubble.

From the start, mPowa CEO Dan Wagner has talked about partnerships being the key to getting his company’s chip-and-PIN mobile card reader into the hands of merchants – and eventually becoming a formidable foe to the likes of Square Inc. in the U.S.

The law is on the way to spawning 30,000 pages of regulations. A mere 37% of rule-making deadlines have been met. Which raises the of question whether Dodd-Frank is just too unwieldy.

Colonial American Bank wants to move its headquarters and switch its state charter to New Jersey from Pennsylvania.

President Obama has nominated Sally Jewell, head of outdoor company REI and a former banker, to be Secretary of the Interior.

The Federal Deposit Insurance Corp. is looking to head off costly U.S.-U.K. tension over deposits after examining a 1993 budget legislation.

The first hearing of the year for the Senate Banking Committee has been scheduled for Thursday morning at 10:30. Top banking regulators will be in attendance to discuss the implementation of the Dodd-Frank reform law among other issues.

Moody's (MCO) chief executive told investors Friday he is unaware of plans by federal and state officials to sue the company for allegedly misleading investors in the run-up to the housing crisis.

New regulations fail to address the next wave of dubious practices sure to emerge and sully the reputation of responsible lenders. Remember: The Maginot line held; new technology just allowed forces to go around it.

The defendants behind an operation that allegedly preyed on homeowners agreed to settle charges that they lured people into paying $1,995 or more by holding out false promises about renegotiating their mortgages.

More banks besides Royal Bank of Scotland (RBS) are expected to be fined for manipulating the London interbank offered rate, Reuters reported Thursday, citing sources familiar with a bilateral investigation.

The Supreme Court has denied hearing another case against the National Labor Relations Board that calls into question the president's recess appointment authority.

WASHINGTON — The Senate Banking Committee has scheduled its first hearing of the year with a number of top banking regulators to discuss implementation of the Dodd-Frank reform law and other issues.

Democratic Sens. Robert Menendez of New Jersey and Barbara Boxer of California have reintroduced a bill that Democrats argue would help millions of borrowers refinance their mortgages.

WASHINGTON — The Senate Banking Committee has named its subcommittee leaders for the coming term.

The FDIC is expected to shortly unveil a clarification concerning deposits at overseas branches in an effort to resolve an ongoing issue between the U.S. and the U.K.

Breaking up the biggest banks would be futile, onetime Citigroup (NYSE:C) eminence and former Treasury Secretary Robert Rubin said on Thursday.