Although he is due to resign next week, Richard Cordray, the director of the Consumer Financial Protection Bureau, still wants his opinion to be heard....
Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation who is leaving the government agency, expressed concern that regulators may be doing too much...
Regulators in the U.K. are being called on to keep banks competitive on a global basis once they exit the European Union (EU), reported Reuters....
The U.S. Securities and Exchange Commission (SEC) announced it is launching two enforcement initiatives to boost efforts to address cyber threats and protect retail investors....
Australia has introduced tougher rules on banks that will go into effect as early as next month, including capping executives’ salaries, delaying their bonuses and...
Tim Sloan, CEO of Wells Fargo & Company, said Tuesday (Sept. 12) that the company is improving its cost controls in relation to revenue as...
Once upon a time, merchants had direct contractual agreements with the acquirers who signed them up to accept payments. The process was time-consuming, expensive and...
And the regulations just keep coming. In the banking industry, the mindset among compliance staff seems to be one where the expectation is to have...