Lalita Clozel covered banking and fintech policy for The Wall Street Journal in Washington D.C.

Support programme for low-income communities has made a real difference in the US and the idea is being adopted in the UK ...

Some regulators, such as acting FDIC Chair Travis Hill, have signaled that a proposal is imminent. He suggested that ...

The proposal would represent the latest policy win for the banking industry, which has been closely scrutinized since the ...

The proposal would reduce the size of the capital cushion that the biggest lenders must maintain to absorb potential losses ...

SAN ANTONIO - Two credit rating agencies downgraded USAA’s credit ratings. S&P Global Ratings lowered their ratings on USAA ...

The White House budget office is pushing back against a congressional watchdog's probes into spending power, setting the ...

The 2015 order brought by the OCC was the 13th closed since 2019 and the seventh this year. CEO Charlie Scharf indicated ...

The WFC stock climbs 1.1% on OCC's 2015 consent order termination, pushing it closer to overcoming regulatory challenges.

Nomura is currently in expansion mode in the US. It recently agreed to acquire Macquarie’s US and European public asset ...

Significant regulatory progress has been made under CEO Charles Scharf, as evidenced by the closing of the seventh regulatory ...

Wells Fargo on Thursday moved a step closer to getting its asset cap lifted after a top U.S. regulator lifted a 2015 ...