Jelena McWilliams was officially sworn in Tuesday as the twenty-first chairman of the federal deposit insurer; her first day on the job was Monday. McWilliams – confirmed by the Senate May 24 to succeed Martin […]
Receiverships for four former banks will be terminated, including one that began nearly nine years ago, according to filings by the federal deposit insurer and scheduled to be published Tuesday. According to the filings by […]
Next week brings a new House subcommittee hearing on the Bureau of Consumer Financial Protection (BCFP, formerly referred to as CFPB) plus a handful of comment deadlines and events focusing on financial services industry issues […]
Banks will be required to settle most securities transactions within the number of business days in the standard settlement cycle followed by registered broker dealers around the country — unless otherwise agreed to by the […]
The federal bank deposit insurer issued its own proposal Thursday on revising the “Volcker Rule,” with its outgoing board chairman giving his support after asserting the proposal preserves the core principles of the rule first […]
The Federal Deposit Insurance Corp. (FDIC) on Thursday released its lists of banks slated for Community Reinvestment Act (CRA) examinations during the third and fourth quarters of 2018. CRA, enacted in 1977 in response to […]
Three recent partnerships between the federal insurer of bank deposits and federal law enforcement have resulted in a conviction, forfeiture of funds and charges of conspiracy to defraud a bank, the agency said Wednesday. In […]
Proposed revisions to the “Volcker Rule” — which places limits on proprietary trading and hedge fund and private equity investments — will be considered by the federal banking regulators this week. The Federal Reserve Board is […]
Federal Deposit Insurance Corp. (FDIC) Board of Directors Meets in open session at 2:00 p.m. on Thursday, May 31, 2018 Discussion Agenda: Memorandum and resolution re: Notice of Proposed Rulemaking: Revisions to Prohibitions and Restrictions […]
Eleven approvals of “section 19” applications restoring an individual’s ability to work at a federally insured financial institution were among the 35 administrative enforcement actions the Federal Deposit Insurance Corp. (FDIC) issued in April, the […]
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