Search for: "Federal Deposit Insurance Corporation (FDIC)"
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17 Mar 2010, 5:00 am
The board of Federal Deposit Insurance Corporation has extended until Sept. 30 transitional safe harbor protections for securitizations and participations of failed banks under FDIC receivership. [read post]
19 Jun 2008, 11:18 am
Any troubled U.S. investment bank headed toward bankruptcy should be subject to supervisory intervention just like commercial banks, the head of the Federal Deposit Insurance Corporation said on Wednesday. [read post]
21 Apr 2009, 5:11 am
Senior Federal Deposit Insurance Corporation officials privately discussed who might replace Citigroup Chief Executive Vikram Pandit if the bank needed more government aid, The Financial Times reported. [read post]
28 Oct 2011, 1:59 am
The FDIC’s complaint alleges that Mutual Bank’s failure has cost the FDIC’s deposit insurance fund an estimated $775 million in losses. [read post]
27 Mar 2009, 2:36 pm
Omni National Bank, Atlanta, Georgia, was closed today by the Office of the Comptroller of the Currency, which then appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. [read post]
28 Jul 2009, 6:14 pm
The FDIC gets the power to extend statutes of limitation under Section 11(d)(14) of the Federal Deposit Insurance Act (the "FDI Act"). [read post]
26 Sep 2008, 1:48 pm
As most people are aware, the Federal Deposit Insurance Corporation (FDIC) insures each depositor up to $100,000.00. [read post]
13 Apr 2016, 4:58 pm
Federal Reserve news release: “The Federal Deposit Insurance Corporation and the Federal Reserve Board on Wednesday jointly announced determinations and provided firm-specific feedback on the 2015 resolution plans of eight systemically important, domestic banking institutions. [read post]
11 Apr 2011, 8:47 am
On March 29, 2011, the Federal Deposit Insurance Corporation (the “FDIC”) and the Board of Governors of the Federal Reserve System (the “Fed”) jointly released a notice of proposed rulemaking (“NPR”) proposing rules relating to the resolution plan (also known as the “living will”) and credit exposure report requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the… [read post]
12 Nov 2012, 9:14 am
In addition to Regulation E, people utilizing mainstream financial services have the benefit of having the Federal Deposit Insurance Corporation (FDIC) insure their bank accounts up to $250,000 and perform bank examinations in which the FDIC tests the safety and soundness of financial institutions. [read post]
5 Jan 2021, 1:36 pm
On December 18, 2020, the US Department of the Treasury (Office of the Comptroller of the Currency), Federal Reserve and Federal Deposit Insurance Corporation (FDIC) jointly announced a 53-page proposed rule that would require banks to notify their regulators within 36 hours of a “computer-security incident” that rises to the level of a “notification incident. [read post]
30 Apr 2012, 6:46 am
In contrast, Federal Deposit Insurance Corporation professional liability lawsuits targeting failed financial institutions began to increase in 2011. [read post]
15 Jul 2008, 10:09 am
The Office of Thrift Supervision said it transferred IndyMac's operations to the Federal Deposit Insurance Corporation because it no longer had confidence that IndyMac could meet its depositors' demands.According to federal regulators, IndyMac Bank is the second largest financial institution to close in U.S. history, second only to that of Continental Illinois National Bank, which held nearly $40 billion in assets when it failed in… [read post]
9 Sep 2011, 11:54 am
Federal Deposit Insurance Corporation, D. [read post]
14 Dec 2009, 1:29 am
The FDIC’s motion papers explain, in footnote 4, that the FDIC sent the letter to the bank’s primary and first level excess D&O insurers, but not to the second and third level excess D&O insurers, because the second and third level excess insurer’s policies "contain a regulatory exclusion. [read post]
19 Jun 2012, 10:08 am
” Federal law prohibits FDIC-insured banks, except “with the prior written consent of the [FDIC],” from hiring any person who “has agreed to enter into a pretrial diversion or similar program in connection with the prosecution of” any criminal offense involving dishonesty. [read post]
23 Nov 2009, 2:59 pm
And I promised to explain why it's even better if you're the Federal Deposit Insurance Corporation (the "FDIC"), or someone who buys a promissory note from them. [read post]
27 Nov 2012, 12:35 pm
Vía sincomillas.com La Asociación de Bancos de Puerto Rico (ABPR) y el Federal Deposit Insurance Corporation (FDIC) llevarán a cabo la sexta edición del Minority Depository Institution Training Seminar en la Isla durante los días 29 y 30 de noviembre. [read post]
27 Nov 2012, 12:35 pm
Vía sincomillas.com La Asociación de Bancos de Puerto Rico (ABPR) y el Federal Deposit Insurance Corporation (FDIC) llevarán a cabo la sexta edición del Minority Depository Institution Training Seminar en la Isla durante los días 29 y 30 de noviembre. [read post]
12 Jan 2023, 11:06 am
Regulatory Exclusion Many policies exclude coverage for losses arising out of proceedings brought by regulatory agencies, such as the Federal Deposit Insurance Corporation (FDIC). [read post]
