Capital One and Discover Can Merge, Regulators Say
Posted inAntitrust Laws and Competition Issues Banking and Financial Institutions Capital One Financial Corporation Consumer Protection Credit Cards Discover Financial Services Federal Reserve System Mergers, Acquisitions and Divestitures National Community Reinvestment Coalition Office of the Comptroller of the Currency Regulation and Deregulation of Industry

Capital One and Discover Can Merge, Regulators Say

Two regulators signed off on the $35 billion deal, which the banks say will create a competitor to Visa and Mastercard. But consumer advocates warn that the deal may raise costs.
Banks Sue Regulators Over Anti-Redlining Rule
Posted inBanking and Financial Institutions Community Reinvestment Act Federal Deposit Insurance Corp Federal Reserve System Independent Community Bankers of America Minorities National Community Reinvestment Coalition Office of the Comptroller of the Currency Regulation and Deregulation of Industry Small Business Suits and Litigation (Civil) Texas United States Chamber of Commerce

Banks Sue Regulators Over Anti-Redlining Rule

A new lawsuit says federal agencies overstepped their authority in a rule forcing banks to do business in underserved communities.
What Is the Basel III Endgame, and Why Are Banks So Upset About It?
Posted inBanking and Financial Institutions Basel Committee on Banking Supervision Federal Deposit Insurance Corp Federal Reserve System Lobbying and Lobbyists Mortgages National Community Reinvestment Coalition Office of the Comptroller of the Currency Pensions and Retirement Plans Regulation and Deregulation of Industry

What Is the Basel III Endgame, and Why Are Banks So Upset About It?

Federal regulators want to raise capital requirements for big banks. Their plan is drawing criticism from groups that aren’t normally aligned with the industry.