U.S. credit card issuers are already caught in the middle of intense debates over guns, marijuana and cryptocurrencies. Gambling on sports is next.

The proposed change would give banks more leeway in making trades and put more onus on regulators to challenge their judgments, sources said.

Supporters say pending legislation would help consumers with little or no credit history. But the bill would instead roll back key consumer protections.

JPMorgan Chase’s Thasunda Duckett is living her ancestors’ wildest dreams; Morgan Stanley could take a lesson from Citi on reining in rainmakers; and Jelena McWilliams faces tough choices at the FDIC. Plus, babysitting gets approved as a new type of campaign expense.

The Fed and FDIC are at odds over how proposed changes to the supplemental leverage ratio would change megabanks’ capital levels. Here's why both estimates are right but misleading.