Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Deadlines for the next filing of resolution plans – “living wills” – for four foreign banks and one “designated nonbank” have been extended by one year, the Federal Reserve and Federal Deposit Insurance Corp. (FDIC) […]
The Federal Deposit Insurance Corp. (FDIC) on Thursday released its second-quarter state profiles. The profiles are formatted as a quarterly data sheet summation of economic and banking conditions for all 50 states, Puerto Rico and […]
Liquid and readily-marketable, investment grade municipal obligations would be treated as high-quality liquid assets (HQLAs) under liquidity coverage ratios, according to an interim final rule that becomes effective on publication Friday. In filings with the […]
The Federal Deposit Insurance Corp. (FDIC) is accepting comments until Sept. 13 on a renewal of an existing information collection – Minimum requirements for appraisal management companies – involving recordkeeping and reporting requirements affecting participating […]
Interim final rules that are expected to qualify another 420 banks and savings associations for an extended, 18-month exam cycle take effect Wednesday, according to notices published jointly by federal banking agencies. The rules, published in the […]
An extended, 18-month examination cycle will apply to more banks under joint interim final rules issued Thursday by federal banking regulators and set to take effect upon publication in the Federal Register. The rules implement […]
FDIC Chairman Jelena McWilliams on Thursday indicated it’s possible that the banking industry may receive more time to submit their comments on a proposal to revamp the Volcker Rule, created in 2013 to prohibit proprietary […]
Banks and savings institutions insured by the Federal Deposit Insurance Corp. (FDIC) saw second-quarter net income rise 25.1 percent over the same period last year, and margins remained strong, according to data released by the […]
Three federal banking regulatory agencies on Wednesday issued an interim final rule, along with a request for comments, that amends the liquidity coverage ratio (LCR) rule to treat liquid and readily marketable, investment-grade municipal obligations […]
Next week brings this year’s third quarterly town hall webinar on Money Smart for Small Business (MSSB), a curriculum developed by the Federal Deposit Insurance Corp. (FDIC) and Small Business Administration (SBA) that offers a […]
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