Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Federal banking and credit union regulators – along with state supervisory authorities – will provide “appropriate regulatory assistance” to financial institutions they oversee that are affected by the massive flooding in the upper Midwest, the […]
Revisions to a supplementary leverage ratio requirement for custodial banks and proposals regarding federal deposit insurance are slated for discussion during an open meeting March 29 by the board of the Federal Deposit Insurance Corp. […]
About 10,000 website views per week of publicly available, previously unpublished information – and 50,000 unique visitors to the site – are signs that the federal bank deposit insurer’s program for greater transparency is having an […]
Updates on efforts regarding de novo institutions, community bank technical assistance efforts and more will be delivered next Thursday during a public meeting of the Federal Deposit Insurance Corp. (FDIC) Advisory Committee on Community Banking, […]
The future of and alternatives to the London Inter-bank Offered Rate (LIBOR) is examined in an article published in the Federal Deposit Insurance Corp.’s (FDIC) Winter 2018 issue of Supervisory Insights, released Wednesday. LIBOR is […]
Title: Disclosure of Financial and Other Information by FDIC-Insured State Nonmember Banks Subject: Reporting Agency: FDIC Status: Final rule Summary: The Federal Deposit Insurance Corporation (FDIC) is amending its regulations by rescinding and removing its […]
Title: Margin and Capital Requirements for Covered Swap Entities Subject: Swaps Agency: FDIC, Federal Reserve, OCC Status: Interim final rule Summary: The OCC, Federal Reserve Board, FDIC, FCA, and FHFA (each an Agency and, collectively, the […]
A settlement of $335 million with a prominent accounting firm is final, related to professional negligence claims brought against the firm after audits of a failed Alabama bank by its federal insurer. However, not everyone […]
Annual disclosures of financial and other information would no longer be required for insured state nonmember banks and insured state-licensed branches of foreign banks under a final rule set for publication as early as next […]
The proposed merger of BB&T Corporation (Winston-Salem, N.C.) with SunTrust Banks, Inc. (Atlanta, Ga.) will be discussed publicly April 25 and May 3 during meetings held jointly by the Federal Deposit Insurance Corp. (FDIC) and […]
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