The brokered deposit statute is out of sync with today’s financial marketplace
Congress should repeal Section 29 of the Federal Deposit Insurance Act and replace it with a targeted asset-growth restriction for ...
Tag: Brokered deposits
FDIC withdraws proposed rules on brokered deposits, corporate governance, executive pay
The decisions were part of a larger push by the FDIC board to reverse or delay several policies pursued during ...
FDIC’s Hill outlines agency priorities in Trump administration
Acting Chairman Travis Hill promised to ditch recent changes to the FDIC’s process for reviewing proposed bank mergers and to ...
House lawmakers call on FDIC to withdraw brokered deposits proposal
Twenty House lawmakers called on the FDIC to withdraw its proposed rule to expand the definition of brokered deposits, saying ...
ABA, associations: Proposed brokered deposit rule violates law and should be withdrawn
An FDIC proposal to expand the definition of brokered deposits not only fails to justify the reason for the change, ...
FDIC extends comment period for proposed brokered deposit rule
The FDIC has extended by 30 days the public comment period for its proposal to expand the definition of “deposit ...
Podcast: A Canadian bank’s versatile business model
Earlier this week, VersaBank closed on a deal giving the Canadian point-of-sale lender a point of entry into the U.S. ...
ABA, associations: Brokered deposits proposal moving forward without enough time, data for review
An FDIC proposal to expand the definition of “deposit broker” would significantly alter the agency’s brokered deposit regulatory framework and ...
FDIC proposes expansion of deposit broker definition
The FDIC will issue a proposed rule that would expand the definition of “deposit broker” to capture many deposit placement ...
FDIC’s Hill wary of possible collateral requirement for discount window
A possible proposal to require some banks using the Federal Reserve’s discount window to post collateral equivalent to a large ...
