Tighter lending standards amid increased uncertainty and concerns about liquidity were reported by business contacts in several areas around the country, according to the results of the latest survey of business conditions by the Federal […]
Special assessments to recover the estimated $19.2 billion of losses due to uninsured depositors to the federal bank deposit insurance fund resulting from the failures of two banks in March will be proposed through rulemaking […]
A $60 billion portfolio containing largely commercial real estate (CRE) loans of the failed Signature Bank will soon be up for sale, the federal insurer of bank deposits said late Monday. According to the Federal […]
Supervision and regulation of large banks will need to be strengthened in the wake of the recent failure of two institutions, the chair of the Federal Reserve Board said Wednesday. Speaking to the press following […]
The situation in the banking system is stabilizing, and the U.S. system remains sound in the wake of bank failures last week, the secretary of the Treasury told a bankers’ group Tuesday. However, she added, […]
Noting the steps federal banking regulators have taken in recent days to limit the direct and indirect U.S. financial system risks of the closures of Silicon Valley Bank (SVB) and Signature Bank, the Federal Reserve […]
Contracts previously entered with two failed banks, now in receivership with the federal bank deposit insurance agency, must still be honored, the agency said in a letter to insured institutions issued late Tuesday. The Federal […]
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