The bank is the second failure in Illinois so far in 2017. Seaway Bank was closed in late January.

A bipartisan group of senators want more community banks to get relief from Dodd-Frank capital requirements.

Readers weigh in on a proposal for encouraging small bank installment loans, a firm that uses AI to reduce false alarms, what security improvements are needed for sharing customer data, and more.

Amid all the bad news this year among taxi-medallion lenders, banks are trying to renegotiate loan terms behind the scenes, and regulatory changes could prop up collateral values and the competitiveness of taxis.

The Arkansas company is selling more than $300 million in stock a year before its DFAST test in June 2018.

A bill to overhaul the Dodd-Frank Act could get a vote in the full House as early as June 7.

Big-box retailers have beat back banks’ latest attempt to kill a legislative provision that has cost lenders billions of dollars in lost revenue. Known as the Durbin Amendment, the measure was included in the 2010 Dodd-Frank Act to limit how much money banks can charge retailers when consumers use their debit cards.

Free-market advocates believe that consumers discipline wayward companies better than the government by eschewing their offerings, but switching products is not the same as punishing malefactors.

A top Trump administration official on Thursday vowed to roll back FDIC powers to seize and unwind a failing megabank.

A Dodd-Frank overhaul bill faced trouble in the House because lawmakers did not want to vote on a provision to repeal debit swipe fee limits.

Banks in the U.S. should get ahead of potential open banking regulation by building application programming interfaces now. A preemptive strategy will give banks more flexibility.

House financial services committee head agrees to drop swipe-fee repeal in order to save Financial Choice Act; Federal appeals court appears skeptical about declaring agency's makeup unconstitutional.

In a rare move, the credit union regulator is asking the CFPB for exemptions for credit unions from expanded HMDA requirements and unfair and deceptive acts authority.

The Treasury Department significantly raised an estimate for how much the exemption will cost the government over the next decade, giving bankers some hope that their complaints are finally being heard.

Blockchain platform's capital raising is its biggest to date; mutual fund giant now accepts digital currency in its cafeteria as CEO Abigail Johnson embraces it.

The Government Accountability Office has agreed to a request by a GOP lawmaker to examine whether Congress can reject regulators' guidance.

The acting Comptroller of the Currency named longtime OCC official Michael Sullivan as deputy comptroller for economics.

Merlon Intelligence, a startup launching Wednesday, plans to offer banks AI software that will help them with their expensive compliance responsibilities.

Of those penalized, 11 had assets of less than $10 million and only one had assets of more than $250 million.

Target Corp. agreed to pay $18.5 million to settle state lawsuits over a 2013 hack of its database when the personal information of millions of customers was stolen, according to New York Attorney General Eric Schneiderman.