Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
A “Community Affairs Webinar” on expanding access to safe transaction accounts to help meet the needs of unbanked and underbanked households is scheduled from 2-3 p.m. ET Oct. 31 by the Federal Deposit Insurance Corp. […]
A proposal to rescind and remove regulations requiring the annual, public disclosure of financial and other information by federally insured, state nonmember banks and insured state-licensed branches of foreign banks is out for comment until […]
An “innovation office” is in the future for the federal insurer of bank deposits, the agency’s leader told a banking conference Tuesday, signaling the latest regulator to develop such an office. Federal Deposit Insurance Corp. […]
Households that are “unbanked” represent 6.5% of all those in the country, the federal insurer of bank deposits reported Tuesday – the third straight period, it said, the percentage has declined. At the same time, […]
After five weeks on the job, the Federal Reserve Board’s new vice chairman is set to give his first public speech Thursday during an economists’ luncheon in Washington. This week also brings an advisory committee meeting […]
The transparency initiative recently unveiled by the chairman of the federal bank deposit insurer is in action, with key metrics – total bank receiverships, insurance applications, public requests and more – made now available via […]
Two new cybersecurity vignettes consisting of exercises encouraging discussions of operational risk issues and the potential impact of information technology disruptions on common banking functions have been included in the Cyber Challenge hosted by the […]
The chairman of the U.S. bank deposit insurance agency took her message of “trust through transparency” to a global audience during a speech Thursday before an international group of deposit insurers gathered in Basel, Switzerland. […]
A review of a “mobile study” by the United Kingdom’s Financial Conduct Authority as well as youth employment programs and deposit accounts are on the agenda for a meeting Oct. 24 by a federal bank […]
The federal bank deposit insurance agency plans to terminate its receivership of Madisonville State Bank, Madisonville, Texas, in the next 30 days, the agency said in a Federal Register posting scheduled to publish Friday. The […]
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