Financial regulations

The U.S. still relies on antiquated payment processing technologies while other countries can process in real-time. What's the holdup?

Ronald Rubin was asked by the state’s chief financial officer to resign after a review of an Inspector General’s report detailed allegations of sexual harassment. Instead, Rubin is countering with accusations against the CFO.

As part of the deal, the agency summarized its policy on account terminations and issued a letter acknowledging that some employees “acted in a manner inconsistent with FDIC policies with respect to payday lenders.”

The U.S. and Europe should continue to harmonize their banking rules, including for foreign banking operations, just as they did in the wake of the financial crisis.

Presidential candidates aren't talking about banking now, but that's likely to change as the Democratic primary heats up.