Democratic presidential hopefuls Bernie Sanders and Hillary Clinton both emphasized during a late Thursday debate that they are prepared to break up megabanks that pose a systemic risk to the U.S. economy, but also showed there are differences in how they approach "too big to fail."

Federal Deposit Insurance Corp. officials fielded tough questions Thursday about how they have wielded the resolution planning powers given to them by the Dodd-Frank Act.

The bank's top executives expressed confidence Thursday in their ability to address regulators' concerns about flaws in its resolution plan.

Credit unions watching closely as they wait to see what sort of supplemental capital proposal will come out of the National Credit Union Administration.

WASHINGTON — The House passed a bill 247-171 on Thursday that would raise the threshold for a Federal Reserve Board exemption that helps banks raise Tier 1 capital.

After $29 million offer to resolve claims arising from losses over residential mortgage-backed securities, court's prejudgment interest pushes the total the Swiss banking giant owes the regulator to $50.3 million — so far.

If the EMV chip-card migration in the U.S. taught the payments industry anything, it's that some players meet compliance deadlines, while others let them slip by.

The bad grades and detailed laundry list of fixes that institutions must make in the next five months — or face possibly severe consequences — may actually prove helpful in the long run, both to the debate over "too big to fail" and the banks themselves. Here's why.

House Republicans moved two bills through committee on Wednesday that would each roll back key provisions of the Dodd-Frank Act.

The Office of Financial Research, an agency tasked with examining emerging threats to the financial system, said in a paper released Wednesday that U.S. global systemically important banks remain among the riskiest in the world, though risks from Chinese banks are growing the fastest.

U.S. regulators have asked their internal watchdogs to examine how assessments of banks' plans for winding down during a potential bankruptcy ended up in a news article.

In declaring that five U.S. banks' resolution plans were "noncredible," regulators provided new details on exactly what each institution did wrong, as well as what Citi and others did right. Here's what they said.

The decision blocking the Financial Stability Oversight Council's designation of MetLife was presaged in factual and legal arguments made by trade associations and others for more than five years.

Regulators struck down the living wills of five of the eight megabanks under evaluation, including JPMorgan Chase, Bank of America and Wells Fargo, requiring them to submit fixes to their resolution plans by Oct. 1 or face more stringent regulatory requirements.

WASHINGTON — The House passed a bill Tuesday that would create a new bankruptcy system for large financial institutions.

The Federal Reserve Board and Federal Deposit Insurance Corp. are set to give at least four megabanks a "harsh verdict" on their living wills, including JPMorgan Chase, according to an article by The Wall Street Journal, which cited "people familiar with the matter."

WASHINGTON — The Federal Reserve Board and the Federal Deposit Insurance Corp. should rethink the review process for big banks' resolution plans, the Government Accountability Office said in a report released Tuesday.

The Consumer Financial Protection Bureau named six people to top staff positions Tuesday, including the head of a new office for small-business lending.

Consumer Financial Protection Bureau faced hostile questions during oral arguments before a federal appeals court Tuesday as it sought to argue the constitutionality of its single-director structure.

The Consumer Financial Protection Bureau faced hostile questions from two judges during oral arguments before a federal appeals court Tuesday as it sought to argue the constitutionality of its single-director structure in a lawsuit brought by the nonbank mortgage lender PHH Corp.