FDIC
Bank net income up $56 billion in 1Q’18, FDIC reports; agency leader cites challenges ahead
Banks increased net income by more than 27% – $56 billion – in the first quarter of the year compared to the same period last year, the Federal Deposit Insurance Corp. (FDIC) reported Tuesday, but […]
Lowering leverage capital for large banks doesn’t seem ‘prudent,’ outgoing FDIC leader says
A proposal to lower the leverage capital for large, systemically important banks doesn’t seem like a “prudent step,” the outgoing chairman of the federal deposit insurance agency said Tuesday. In response to reporters’ questions following […]
WEEK AHEAD: Votes on major legislation and nomination; 1st quarter bank earnings release; CU regulator considers rules – and more
A confirmation vote for the leader of a federal financial institution regulator, a vote on “regulatory relief” legislation that will send it to the president to sign, and a report on first-quarter bank earnings highlight […]
McWilliams’ nominations as chair, member of FDIC Board up for Senate consideration
The Senate will consider the confirmation of Jelena McWilliams’ nominations as chairman and a member of the Federal Deposit Insurance Corp. (FDIC) Board Monday, under its “unanimous consent” calendar. McWilliams, whose nomination as chairman was […]
FDIC issues guidance for helping IN, NC residents affected by tornado, storms
Banks and savings institutions in Indiana and North Carolina affected by severe weather, including a tornado in N.C., are being encouraged by their federal deposit insurer to “work constructively” with borrowers facing difficulties beyond their […]
Press briefing: First quarter 2018 bank financial results/earnings
A briefing on first-quarter financial results – including earnings – for federally insured banks and savings associations will be announced May 22 by FDIC Board Chairman Martin Gruenberg, beginning at 10:30 a.m. The briefing will […]
Deposit insurer schedules May 22 release of bank 1st-quarter earnings results
First-quarter financial results – including earnings – for federally insured banks and savings associations will be announced May 22, the Federal Deposit Insurance Corp. (FDIC) said Tuesday. A briefing will be hosted by FDIC Board […]
Up to 2,400 join teleconference about proposed rules dealing with CECL transition
About 2,400 bankers and others joined a teleconference sponsored by federal bank regulators Tuesday to hear details about new capital rules proposed by the agencies to help financial institutions prepare for new accounting standards that […]
Branch offices ‘summary of deposits’ due July 31 using central data repository
Responses to the annual “summary of deposits” (SOD) for branch offices are due July 31, which must be collected using the “central data repository” (CDR) from an individual holding an account with the data-collecting center, […]