Susan Broaddus

What's up

[ November 12, 2024 ] FDIC Board reportedly reaches ‘consensus’ on probe of execs over sexual harassment allegations FDIC
[ November 12, 2024 ] Consumer bureau identifies gaps in federal vs. states’ personal financial-data privacy protections, urges states to assess CFPB
[ November 12, 2024 ] Number of ‘unbanked’ households falls to record low; two-thirds of those rely solely on cash FDIC
[ November 12, 2024 ] CBDC in the Fed’s future? The payments committee chair still hasn’t heard a cogent argument The Fed
[ November 12, 2024 ] Former bank CEO prohibited, fined after violating written agreement with Federal Reserve The Fed

Capital One hit with $80 million civil money penalty over 2019 data breach

August 6, 2020 0

A 2019 data breach affecting the personal information of more than 100 million credit card customers and credit card applicants of Capital One has yielded an $80 million civil money penalty for the bank and […]

FDIC terminates two receiverships of closed banks in GA, IL

August 5, 2020 0

The federal bank deposit insurer on Aug. 1 terminated the receiverships of United Security Bank, Sparta, Ga., and Town Community Bank & Trust, Antioch, Ill., the agency said in a notice for the Federal Register. […]

« 1 … 144 145 146

FDIC Board reportedly reaches ‘consensus’ on probe of execs over sexual harassment allegations

November 12, 2024 0

A “consensus” on how to investigate allegations of alleged sexual harassment misconduct by executives of the federal insurer of bank deposits was reportedly reached by the agency’s board during a closed, non-public meeting Tuesday, a member of the board said [...]
Consumer bureau identifies gaps in federal vs. states’ personal financial-data privacy protections, urges states to assess

November 12, 2024 0

Numerous states’ deference to federal law regarding consumer personal financial-data protections has left gaps in protections for financial data and financial products and services, according to a report released Tuesday by the Consumer Financial Protection Bureau (CFPB). The CFPB issued [...]
Number of ‘unbanked’ households falls to record low; two-thirds of those rely solely on cash

November 12, 2024 0

A record low 5.6 million households nationwide remain unbanked, the federal insurer of bank deposits said Tuesday, reporting that its latest survey shows nearly 96% of all households were, in fact, banked. According to the Federal Deposit Insurance Corp.’s (FDIC) [...]
CBDC in the Fed’s future? The payments committee chair still hasn’t heard a cogent argument

November 12, 2024 0

When it comes to a central bank digital currency (CBDC), count Federal Reserve Board Gov. Christopher Waller – the payments chair at the Fed – as a continued skeptic, hearing “no satisfactory answer” to the question of what problem it [...]
Former bank CEO prohibited, fined after violating written agreement with Federal Reserve

November 12, 2024 0

A former interim bank chief executive, and director, has been prohibited from future participation in the banking industry and fined $75,000, the Federal Reserve said Tuesday. The said Anthony R. Gressak III is a former director and former interim CEO [...]