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15 Oct 2010, 7:00 am by wswendson
When they failed anyway, the FDIC was left with a bigger and more-costly mess to clean up. [read post]
25 Aug 2015, 4:19 pm by Sabrina I. Pacifici
News release: “The Federal Deposit Insurance Corporation (FDIC) today released the summer 2015 issue of Supervisory Insights. [read post]
6 Feb 2012, 12:06 am by Kevin LaCroix
As the report notes, though the FDIC has targeted two of the largest failed institutions (WaMu and IndyMac), “many of the other large or costly failures …have not yet been the target of FDIC lawsuits. [read post]
12 Dec 2011, 12:51 am by Kevin LaCroix
The FDIC has maintained its very deliberate pace in initiating new lawsuits. [read post]
7 Nov 2019, 8:49 am by Richard J. Andreano, Jr.
” It would be helpful if the CFPB revisited this area and issued guidance more in line with the FDIC guidance. [read post]
7 Jul 2011, 6:39 am by Jay P. Lechner
The Federal Deposit Insurance Corporation (“FDIC”) has approved a final rule authorizing it to clawback any compensation senior executives and directors received within two years of the FDIC being appointed receiver, if the FDIC finds they were “substantially responsible” for the failed condition of a covered financial company. [read post]
2 Jan 2007, 10:16 am
Greenberg Traurig agreed to pay the FDIC $7.6 million for its role as a legal adviser to the now defunct Hamilton Bank of Miami, according to a June settlement between the FDIC and Greenberg. [read post]
6 Nov 2014, 5:30 am by Editorial Board
On October 29, the FDIC released the results of the 2013 FDIC National Survey of Unbanked and Underbanked Households. [read post]
3 Jan 2011, 10:30 am by Paul Caron
Bank: FDIC Should Cover Cost of Bad Tax Advice: U.S. [read post]
24 May 2011, 8:30 am by Jennings Strouss & Salmon
“The industry shows continuing signs of improvement,” said FDIC Chairman Sheila C. [read post]
10 Aug 2023, 8:10 am by jeffreynewmanadmin
According to the FDIC, “since its start in 1933 no depositor has ever lost a penny of FDIC-insured funds” The FDIC monitors the percentages of the banks funds that aren’t covered by FDIC insurance and hopefully those percentages will be posted more prominently so that depositors, including commercial clients, can know in advance what their risk is. [read post]
11 Mar 2010, 2:44 pm by Hunton & Williams LLP
Click here for to read the entire FDIC press release, and click here for the FDIC's summary of the extension and background. [read post]
27 Jun 2007, 10:47 pm
FDIC OIG Semiannual Report to the Congress, March 31, 2007.... [read post]
26 Feb 2007, 4:48 am
Quarterly Banking Profile - "Provides the earliest comprehensive summary of financial results for all FDIC-insured institutions. [read post]
21 Nov 2008, 11:54 pm
Thomas Wells Jr. announced and applauded today’s FDIC decision. [read post]