Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
The House Financial Services Committee is set to begin mark-up Thursday of 14 pieces of legislation that range in focus from, among other things, Federal Reserve operations and monetary policy (for example, removing employment from […]
The San Francisco region of the Federal Deposit Insurance Corp. (FDIC) is hosting a teleconference for bankers from 1-2:30 p.m. (Pacific Time) next Tuesday (Sept. 18) to discuss updates related to consumer compliance and the […]
In a perhaps unintended irony, the federal insurer of deposits in banks has proposed “retiring” to an inactive status certain nearly 400 “Financial Institution Letters” – in another Financial Institution Letter (FIL). The Federal Deposit […]
As the tenth anniversary approaches of the failure of a huge Wall Street investment bank – considered by many the advent of the financial crisis – participants and observers of that event are speaking out […]
Questions about rulemaking under the recently enacted regulatory relief law – with the first hearing set to feature appointees to the four bank and credit union agencies by the current president – will get at […]
The 30-day extension of the comment period on proposed changes to the “Volcker Rule” was made by federal banking and trading markets regulators after commenters – in three letters in particular – suggested doing so […]
The federal bank deposit insurance agency on Sept. 1 terminated its receiverships of six banks, having “fulfilled its obligations and made all dividend distributions required by law,” according to a notice filed with the Federal […]
A California was sentenced to nearly five years in prison – and ordered to pay more than $5 million in restitution — for fraudulently obtaining more than $11 million in bank loans to by a […]
President Donald Trump’s appointees to each of the four federal bank and credit union regulatory agencies will testify together for the first time during a Senate Banking Committee hearing next week on implementation of the […]
A proposal to reduce capital requirements for global systemically important banks (G-SIBs) would be a serious weakening of post-financial crisis reforms, a member (and former chairman) of the Federal Deposit Insurance Corp. (FDIC) Board said […]
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