Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Easing some capital standards for large banks so the requirements don’t discourage those institutions from engaging in “low-risk” activities was proposed by the three federal banking agencies Friday. In a joint release, the agencies said […]
Restitution of more than $860,000 is being sought by the federal bank deposit insurance agency against a former director at a Texas bank who engaged in a complicated scheme involving multiple accounts held by the […]
A 10 a.m. open meeting where regulators would discuss a draft proposed rule to revise regulatory capital requirements for global systemically important banking organizations (GSIBs) didn’t happen Thursday, according to a notice issued by email […]
The list of “distressed or underserved nonmetropolitan middle-income geographies” where some bank activities are eligible for credits under anti-redlining regulations was released late Wednesday by the federal banking agencies. The Office of the Comptroller of […]
Draft proposed regulatory capital modifications for global systemically important banking organizations (GSIBs), slated for discussion Thursday of the Federal Deposit Insurance Corp. (FDIC) Board, were released Wednesday with a statement of support by the acting […]
A succession management and worker retention program, started in 2024, has been suspended at the federal insurer of bank deposits considering massive “reduction in force” (RIF) efforts ordered by the Trump Administration earlier this year, […]
Comments on ways federal banking regulators can help consumers, businesses, and financial institutions mitigate payments fraud risk – particularly check fraud risk – are due to the agencies Sept. 18, according to a recent Federal […]
Regulatory capital rule changes affecting global systemically important bank holding companies (GSIBs) are on the discussion agenda for Thursday’s open meeting of the Federal Deposit Insurance Corp. (FDIC) Board. The board is slated to discuss […]
Regulatory relief to help institutions and recovery efforts in areas of Tennessee hard-hit in April’s severe storms, straight-line winds, tornadoes, and flooding were announced Tuesday by the federal bank deposit insurer, which noted this month’s […]
Lack of compliance with some of the federal bank deposit insurance agency’s acquisition policies and procedures thwarted its ability to ensure proper contract oversight management during the failure of three large regional banks in 2023, […]
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