Starting tonight, the policymakers, regulatory officials and congressional staffers who attend Washington Nationals home games this summer will see more than a ballgame. They’ll also view messages at Nationals Park that reinforce the importance of the banking industry to America’s communities. The messages, which will appear on the ballpark’s main scoreboard, explain how banks employ 2 million Americans; lend $8 trillion to support jobs and growth; and offer mobile banking, remote deposit and fraud alerts to meet customers’ needs and keep their accounts safe.
FDIC modifies approach to resolution planning for large banks
The goal is to focus the IDI resolution planning process on the operational information most relevant for the FDIC to resolve a large bank through a weekend sale or operate the institution for a short period of time...