Wells Fargo is replacing four members of its board and will be prevented from growing beyond a certain asset level under a rare action by...
EU regulators are the driving force behind an upcoming wave of cross-border bank mergers, according to reports in Reuters Wednesday (Dec. 27). The European Central...
Jerome Powell, President Donald Trump’s pick as chairman of the Federal Reserve, said at his confirmation hearing that he supports rolling back some bank regulations,...
Joseph Otting was sworn in as U.S. comptroller of the currency on Monday to serve as the leading regulator of national banks. According to news...
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...