Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
A prison sentence of 42 months was meted out to a former Illinois farmer after he was convicted of four counts of bank fraud totaling more than $500,000, the inspector general for the federal bank […]
Three banks paid civil money penalties (CMPs) in October for a variety of shortcomings, including deceptive practices related to loan repayments, the federal insurer of bank deposits said Friday. In a release detailing enforcement orders […]
An extended comment period for the long-term debt proposed rule was issued Wednesday by federal banking regulators, pushing the date Jan. 16, the agencies said in a release. The Federal Reserve, Federal Deposit Insurance Corp. […]
The creation of a special committee to oversee an independent review of workplace culture at the Federal Deposit Insurance Corp. (FDIC) amid ongoing reporting on past allegations of sexual harassment and other misconduct at the […]
An open meeting was abruptly canceled Thursday of the board of the federal bank deposit insurance agency amidst press reports of sexual harassment issues at the agency, according to new reports. Instead, the Federal Deposit […]
News reports of alleged workplace misconduct at the Federal Deposit Insurance Corp. (FDIC) were met Wednesday with statements – one issued jointly and another, independent statement – from the two Republican members of the FDIC […]
Concerns about treatment for residential mortgage exposures, among other things, are arising in comments about proposed, new capital requirements for large banks, the chairman of the board for the bank deposit insurance agency said Tuesday. […]
Revisions to conform the agency’s regulations with the Fair Hiring in Banking Act (FHBA), enacted last December, are out for public comment until Jan. 16, according to a notice in the Federal Register Tuesday. The […]
The federal bank deposit insurance agency’s Systemic Resolution Advisory Committee is slated to meet publicly Dec. 5 to discuss issues and developments related to the resolution of systemically important financial companies. The advisory committee, established […]
Title: Fair Hiring in Banking Subject: ‘Second chance’ hiring Agency: FDIC Status: Proposed rule Summary: The Federal Deposit Insurance Corporation (FDIC) proposes to revise its regulations to conform with the Fair Hiring in Banking Act […]
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