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29 May 2009, 10:22 am
FDIC's Quarterly Banking Profile for the first quarter 2009, released May 27, 2009, summarizes insured institution performance as follows: Net income for the first quarter of 2009 was lower than that posted for the first quarter of 2008 but significantly... [read post]
16 Sep 2011, 4:59 pm by Jennings Strouss & Salmon
The data available on the latest number of professional liability lawsuits authorized by the FDIC Board of Directors and the total monetary value of these claims have been updated on: http://www.fdic.gov/bank/individual/failed/pls/index.html This information is updated monthly following board meetings. [read post]
26 Jul 2013, 1:33 pm by Mathew Higbee
Buchanan starts the interview explaining the need for the regulation change to FDIC Section 19 enforcement. [read post]
19 Nov 2018, 8:13 am by Barbara S. Mishkin
In their letter, the Senators ask the FDIC if it is the agency’s official position “that lawful businesses should not be targeted by the FDIC simply for operating in an industry that a particular administration might disfavor” and “[i]f so, what [the FDIC is] doing to make sure that bank examiners and other FDIC officials are aware of this policy and have communicated it to regulated institutions? [read post]
26 Mar 2025, 9:01 pm by ngodridge
Then-Vice Chairman Hill called the proposal “a poor use of [FDIC] time and resources. [read post]
25 Mar 2012, 11:11 am by admin
A February 2011 FDIC rule, among other things, eliminated risk categories and the use of long-term debt issuer ratings and instead adopted scorecards that combine CAMELS ratings and certain forward-looking measures to assess risk posed by an institution to the FDIC insurance fund. [read post]
30 Apr 2010, 8:39 am by Broc Romanek
It will remain extremely important for private investors to engage the FDIC staff, as every transaction will inevitably require some degree of judgment and discretion on the part of the FDIC on a variety of supervisory issues, including the Policy Statement. [read post]
5 Sep 2012, 9:00 am by Mike Nonaka
In an interview with Information Security Media Group, William Henley, Associate Director of the Federal Deposit Insurance Corporation’s (FDIC) Technology Supervision Branch, discussed the status of the banking industry’s implementation of FFIEC authentication guidance released in July 2011. [read post]
29 Oct 2023, 6:30 am
The FDIC will accept comments on the Proposed Standards for 60 days after they are published in the Federal Register, which is expected shortly. [read post]
29 Oct 2023, 6:30 am
The FDIC will accept comments on the Proposed Standards for 60 days after they are published in the Federal Register, which is expected shortly. [read post]
20 Sep 2021, 10:19 am by Frank Coxwell
The FDIC frequently hears from bank customers who have been or think they were the victims of theft or fraud. [read post]
29 Apr 2013, 11:57 am by Jeremy T. Rosenblum
The OCC and FDIC claim that they support efforts of banks to satisfy consumer need for small-dollar credit. [read post]
5 Mar 2008, 3:21 pm
FDIC Ombudsman Report to the Industry: "In 2004, as a part of FDIC's goal of developing standards for services providing... [read post]
27 Sep 2022, 11:45 am by Scott A. Coleman
A bi-partisan group of nine Senators (five Republicans and four Democrats) recently sent a letter to Acting FDIC Chairman Martin Gruenberg to express their support for the industrial loan company (ILC) charter and to remind him “to ensure the [FDIC] continues to follow the laws that Congress carefully designed for the FDIC to consider new deposit insurance applicants, including ILCs. [read post]
20 Jan 2025, 5:32 am by Kevin LaCroix
” A copy of the FDIC’s complaint can be found here. [read post]
12 Nov 2012, 12:27 am by Kevin LaCroix
This holding was of particular significance both to the former IndyMac officers and to the FDIC, as the FDIC’s lawsuit was filed during the policy period of the second insurance tower. [read post]
11 May 2011, 9:03 pm by Kevin LaCroix
  The FDIC’s website also discloses that the FDIC also has authorized 13 fidelity bond, attorney malpractice, and appraiser malpractice lawsuits. [read post]
18 Mar 2013, 1:58 am by Kevin LaCroix
According to the settlement agreement posted on the FDIC’s website, Orlando agreed to settle the FDIC’s claim for payments totaling $1 million. [read post]