Regulation

With it increasingly likely that a bipartisan reform bill in the Senate would not include an independent, powerful Consumer Financial Protection Agency, lawmakers are exploring alternatives.

After spending the second half of last year exchanging its long-term expansion plans for extra capital, Boston Private Financial Holdings Inc. announced it received approval from the Treasury Department to begin repaying the $154 million in outstanding Series C preferred stock that was issued to the Treasury as part of its Capital Purchase Program.

Tarp, TLGP recipients to pay 15 basis point fee

WASHINGTON — House Financial Services Committee Chairman Barney Frank laid out his near-term agenda Wednesday, including a Jan. 22 hearing on executive compensation at financial companies and a Feb. 3 hearing on why banks are not lending more.

WASHINGTON — The Financial Crisis Inquiry Commission's first public hearing on Wednesday gave the industry's top leaders an opportunity to express remorse for their role in the collapse of the financial markets but did little to enhance the public's understanding of the meltdown.

Tarp, TLGP Recipients to Pay 15 Bpt Fee

Asset Management Unit will Oversee Investment Advisors

The Federal Deposit Insurance Corp. unveiled its plans Tuesday to tie bank compensation practices to premium assessments, but the agency's outside directors made it clear they oppose the idea.

The Securities and Exchange Commission announced Tuesday that it has filed new charges against Bank of America Corp. for failing to disclose extraordinary financial losses at Merrill Lynch prior to a shareholder vote approving the acquisition of Merrill.

The advisors allegedly overstated the value of two hedge funds by as much as $160 million.