Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Banks with big CRE concentrations warned to have strong capital, ‘robust’ risk management practices
Banks with commercial real estate (CRE) concentrations should have strong capital, appropriate credit loss allowance levels, and robust credit risk-management practices, the federal bank deposit insurance agency said Monday in a letter to all banks. […]