The Fed determined that the purchase of Susquehanna Bancshares, which would push BB&T's assets above $200 billion, will not pose a threat to the U.S. financial system. The approval could give more regional banks confidence to pursue bigger acquisitions.

Student loan servicers continue to use "shoddy" practices in handling loans for military service members, the Consumer Financial Protection Bureau said Tuesday.

The National Credit Union Administration has signed a five-year contract with the National Treasury Employees Union—which represents nearly 80% of the agency's work force.

WASHINGTON — The Federal Reserve Bank of Boston reached a broad agreement with the U.S. affiliate of Spanish powerhouse Banco Santander calling for improvements in internal risk management, liquidity and capital adequacy controls.

Nearly 25 years after a landmark deal and two subsequent legislative overhauls, glitches in the credit reporting system remain widespread. As a result, regulators and law enforcement officials are again raising the stakes for the credit reporting industry, but critics fear it may not be enough.

Western Union, which last week suspended activities in Greece amid the country's debt crisis, has restarted some of its services.

Credit unions and CUSOs largely panned a recent report issued by the U.S. Government Accountability Office (GAO) that specifically called on Congress to authorize NCUA to examine credit unions' third-party technology providers, with one notable exception.

MetLife and its allies are pushing back against the Financial Stability Oversight Council. But it's well worth imposing additional regulatory costs on large nonbanks if doing so helps prevent another crisis.

PayPal is putting a lot of effort into ensuring that the company that emerges from eBay ownership this month is a much different — and more powerful — creature than the one it has been until now.

While hiring a chief risk officer is a given at the big banks, smaller institutions must weigh several factors and options in determining the risk leadership model that works for them.

Twelve of the largest financial firms provided more information than they did last year in the public versions of their plans for breaking themselves up in a financial catastrophe, but whether they have done enough to reassure regulators won't be known for months.

Wells Fargo and two other companies must repay customers more than $30 million in mutual-fund-related overcharges, the Financial Industry Regulatory Authority said Monday.

Since the growth of online retail, payments providers and acquirers have wrestled with the ethical questions and the risks surrounding gun sales, marijuana shops, pornography sites and other businesses that carry a stigma.

In a report on the need for financial regulators to improve their data security efforts, the U.S. Government Accountability Office called for NCUA to have the authority to examine credit unions' third-party technology providers.

On top of dealing with cyber threats and other potential dangers to banks, CROs are deeply involved these days in discussions over investing in new products and business lines.

BOK Financial has hired Glenn Brunker to oversee mortgage operations and manage the bank's transition to a new federally-required consolidated mortgage disclosure regime.

NCUA has scheduled two training events this summer, one on regulatory compliance and the other on federal contracting for minority and women business owners.

The former FDIC chairman said during a recent conference call that banks with a traditional model — essentially community banks — have been hurt by the Fed's interest rate policy and the trickle-down tactics of regulation.

President Obama signed the Dodd-Frank Act five years ago this month, but the battle over the law's impact and legacy goes on. Several top lawmakers spoke to American Banker about how their views have evolved since the law's passage. Here are some highlights from those conversations.

Cyber threats or fraud may present bigger direct risks to banks, but many chief risk officers spend enormous amounts of time on the more tangible concern of keeping up with ever-growing regulatory expectations and requirements.