Browsing: FDIC

Newsbytes

A federal program to assess IT and cyber risks at financial institutions has several significant flaws that could prevent it from working as intended, and as a result, may affect the insurance premiums paid by those institutions, the Office of Inspector General concluded in a report released this week.

Newsbytes

Martin Gruenberg was sworn in this week as chairman of the FDIC. Travis Hill, who will serve as vice chairman, and Jonathan McKernan, who will serve as director, were also sworn in as members of the FDIC Board of Directors.

Newsbytes

Events of the past year have highlighted several key risks posed by cryptoassets that banks should consider if they wish to offer crypto-related services, the Federal Reserve, FDIC and the Office of the Comptroller of the Currency said today in a joint statement.

1 2 3 5