FDIC’s Hill outlines proposed changes to resolution planning, DIF assessments
The FDIC is exploring whether to “significantly” slim down its resolution planning requirements for large banks and make several adjustments ...
Tag: Bank failures
Banking agencies publish ‘living will’ feedback
The FDIC and Federal Reserve recently published their feedback letters for the resolution plans submitted by the largest banks, although ...
FDIC releases study of 2023 bank failures
The FDIC released a detailed analysis of the 2023 spring bank failures, finding that depositors with “substantial” uninsured funds were ...
Community Bank and Trust – West Georgia closed by regulators
Georgia regulators closed Community Bank and Trust - West Georgia in LaGrange, Georgia, and appointed the FDIC as receiver. Anchor ...
Study: Weak fundamentals primary cause of bank failures
A recent study of more than 150 years of U.S. bank data has concluded that weak fundamentals are the primary ...
OCC rescinds recovery standards for larger banks
The OCC finalized a rule to rescind the agency’s updated recovery planning guidelines for banks with at least $100 billion ...
FDIC posts sample docs to provide clarity into marketing, sale process of failing banks
Eleven new sample documents were released, covering franchise sales and loan pools, including purchase and assumption agreements, confidentiality agreements and ...
House passes ABA-backed bill on regulator transparency
The House passed a bill to require the Government Accountability Office and the appropriate regulatory agency to report on any ...
OCC to rescind updated recovery standards for large banks
The OCC is proposing to rescind its updated recovery planning guidelines for larger banks, saying the move is part of ...
Fed, FDIC release ‘living wills’ for 15 large banks
The Federal Reserve and FDIC released the public sections of resolution plans for 15 large banks, including five domestic and ...
