ABA: FDIC must bolster processes for determining special assessments
The FDIC’s proposed assessment to recover the cost to the Deposit Insurance Fund resulting from the recent bank failures should ...
Tag: FDIC
Gruenberg: Bank failures guiding scope of proposed Basel capital requirements
The recent bank failures show that banks with more than $100 billion in assets can pose genuine financial stability risks, ...
FDIC’s Hill cautions against regulatory overreaction to bank closures
As policymakers draft new rules in response to the recent bank failures, it important not to overreact and saddle the ...
Banking regulators issue joint guidance on third-party risk management
Federal banking regulators issued long-awaited joint guidance for financial institutions when managing risks associated with third-party relationships, including relationships with ...
FDIC’s Hill: Standards-setting organization could spur bank-fintech partnerships
The establishment of a public/private standards-setting organization to help banks adopt third-party financial technology solutions is an idea that deserves ...
FDIC: Banks remain resilient after high-profile closures
FDIC-insured banks and savings institutions earned $79.8 billion in the first quarter of 2023, according to the agency’s most recent ...
FDIC names new community banking committee members
The FDIC announced the appointment of seven new members to its Advisory Committee on Community Banking
Gruenberg: Bank On helping to reduce the number of unbanked
Economic conditions alone can’t account for the drop in unbanked individuals and families in the U.S. over the past decade, ...
Watchdog office faults FDIC bank exam oversight
FDIC bank examinations are not always effective in identifying risks to customers and banks that participate in government-guaranteed loan programs, ...
FDIC announces details of deposit insurance special assessment
The FDIC board voted 3-2 to propose a special assessment to make up for losses to the Deposit Insurance Fund ...
