Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
The Federal Deposit Insurance Corp. (FDIC) Tuesday became the third federal banking regulator to issue its stress test scenarios for 2018 for certain financial institutions with more than $10 billion in assets. According to the […]
Swap margin requirements would be amended to conform with recent rule changes that impose new restrictions on certain qualified financial contracts (QFCs) of systemically important banking organizations, five federal agencies – including the three federal […]
No material differences, as of Sept. 30, have been identified in the accounting standards of regulators applicable to financial institutions, according to the federal banking agencies in a report to congressional committees last week. The […]
Citing his agency’s priority of promoting the advancement of women in the workplace, outgoing Federal Deposit Insurance Corp. (FDIC) Board Chairman Martin Gruenberg told a Washington group Tuesday that females hold 38.5% of the agency’s […]
Financial regulators should develop and implement specific policies and procedures to consistently comply with mandates from Congress for analyzing the impact of regulations on smaller institutions, according a report issued Tuesday. In its report, the […]
Expectations for “living wills” by 19 foreign-owned banks with operations in the U.S. were communicated to the institutions by the Federal Reserve and Federal Deposit Insurace Corp. (FDIC) Monday. The messages from the regulators told […]
After 43 years, a Virginia man has been granted his request to participate in the conduct of the affairs of any insured depository institution after being barred from doing so in 1974, when he pleaded […]
Favorable consideration on community reinvestment requirements will be granted to institutions outside of hurricane-ravaged areas of the U.S. Virgin Islands and Puerto Rico when they help to revitalize or stabilize the areas, federal banking agencies […]
At 43, you might think that Federal Deposit Insurance Corp. (FDIC) Board Chairman nominee Jelena McWilliams qualifies as the youngest ever to be considered for the post leading the nation’s bank deposit insurance fund. But […]
The nominee to lead the federal bank deposit insurance agency said she is “uniquely prepared” for the job, citing her background as a former congressional and Federal Reserve staffer and as a bank executive. In […]
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