Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
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 […]
A last-minute change in the nomination of a new chairman for the bank insurance fund board would result in the vice chairman of the board leaving by March, according to new information posted by the […]
Despite uncertainty over a government shutdown, a confirmation hearing remains scheduled Tuesday for Jelena McWilliams and Marvin Goodfriend, nominees for (respectively) the chairman of the Federal Deposit Insurance Corp. (FDIC) Board and member of the […]
Guidance for the new tax law concerning accounting and reporting implications was distributed Thursday by federal banking agencies to give banks and savings associations insights about how the new law will affect their financial statements […]
At least 17 “regulatory relief” items – including several provisions based on similar items contained in the already-House approved H.R. 10, the Financial CHOICE Act – will be marked up by the Financial Services Committee […]
Hearings to consider the nominations of the leader of the federal deposit insurance agency and a member of the board of the nation’s central bank are tentatively set for Jan. 23. The Senate Banking Committee […]
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