Search for: "FDIC-Receiver" Results 481 - 500 of 1,202
Sorted by Relevance | Sort by Date
RSS Subscribe: 20 results | 100 results
9 Oct 2009, 3:01 pm by Jeffrey Andersen
Speaking on October 4 at the International Institute of Finance meeting in Istanbul, Turkey, FDIC Chairman Shelia Bair proposed that the “first task” of financial regulatory reform should be to scrap the “too big to fail” doctrine with a view to ending bailouts. [read post]
4 Nov 2008, 4:12 am
 When healthy banks buy weak ones and maintain the acquired bank's pace of lending instead of the FDIC shrinking it after a seizure, that's a positive by-product of consolidation. [read post]
20 Aug 2020, 10:18 am by Lori J. Sommerfield
Lending and investments may receive credit under the OCC’s new CRA rules if such activities occur in Opportunity Zones that overlap with low- and moderate-income (“LMI”) areas and serve LMI populations. [read post]
23 Nov 2008, 10:00 pm
  On November 21, 2008, the FDIC announced (here) that state bank regulators had closed The Community Bank of Loganville, Georgia and that the FDIC has been named as a receiver. [read post]
2 Feb 2009, 7:31 pm
Certainly, if a bank had a small number of demand deposits, then it didn't need to pay the costs associated with the FDIC's Temporary Liquidity Guarantee Program. [read post]
5 May 2010, 2:30 pm by James Hamilton
Creditors will be required to pay back the government any amounts they received above what they would have gotten in liquidation. [read post]
17 Mar 2016, 4:51 pm by Kevin LaCroix
  The Financial Institution Reform, Recovery, and Enforcement Act (“FIRREA”) sets a minimum limitations period for claims that have not yet expired at the time of the bank’s closing of 3 years for tort claims and 6 years for contract claims.[14]  As receiver, the FDIC enjoys a number of other powers typically not afforded to plaintiffs, such as broad power to issue subpoenas.[15] In addition, defenses that might prevail against other plaintiffs are… [read post]
15 Mar 2010, 6:03 pm by jefhenninger
On the evening of Friday, March 12, 2010, the NYSBD seized The Park Avenue Bank and appointed the FDIC as receiver; FDIC has arranged for the sale of The Park Avenue Bank. [read post]
8 Jul 2009, 2:39 pm
Each Legacy Securities PPIP fund manager will receive an equal allocation of capital from Treasury. [read post]
11 Apr 2012, 1:13 am by Kevin LaCroix
    The Aftermath of the Failure of IndyMac Bank     Van Dellen and Perry involve two different actions by the FDIC as receiver arising out of the failure of IndyMac Bank, FSB in 2008. [read post]
16 Apr 2012, 8:06 pm by Joshua Glazov
And they may use each regardless of whether the FDIC intervenes in the case or otherwise participates “with respect to and asset” the FDIC has an interest in. [read post]
15 Mar 2012, 1:33 am by Kevin LaCroix
However, two hours after the 10-K filing, the company received additional margin calls that it was unable to meet. [read post]
12 Mar 2023, 6:42 am by Kevin LaCroix
The FDIC as receiver transferred to the DINB all of SVB’s insured deposits. [read post]
19 Jan 2021, 8:34 am by Carleton Goss and Patrick J. Boot
The OCC has the discretion to require a national trust bank to acquire FDIC insurance (the majority of national trust banks have FDIC insurance). [read post]
28 Nov 2010, 7:47 pm by Kevin Funnell
Attorney Jeff Gerrish, a former FDIC regional counsel, states that many banks are appealing their examination results primarily because higher FDIC insurance assessments are a frightening prospect. [read post]
The FDIC's authority as receiver is modeled on bank resolution rules rather than Bankruptcy Code principles. [read post]
29 Sep 2011, 2:00 am by Kara OBrien
WaMu filed its chapter 11 petition on September 26, 2008, one day after WaMu Bank, its primary banking subsidiary, was closed by the Office of Thrift Supervision and the FDIC was appointed as receiver (the “FDIC Receiver”).[1] Following WaMu’s bankruptcy filing, WaMu, creditors of WaMu, JPMC, and the FDIC Receiver litigated in multiple fora, among other things, disputed claims to ownership of billions of dollars in assets. [read post]
29 Sep 2011, 2:00 am by Kara OBrien
WaMu filed its chapter 11 petition on September 26, 2008, one day after WaMu Bank, its primary banking subsidiary, was closed by the Office of Thrift Supervision and the FDIC was appointed as receiver (the “FDIC Receiver”).[1] Following WaMu’s bankruptcy filing, WaMu, creditors of WaMu, JPMC, and the FDIC Receiver litigated in multiple fora, among other things, disputed claims to ownership of billions of dollars in assets. [read post]
6 Mar 2024, 12:32 pm by Rebecca Tushnet
Qoins’s announcement also provided a link to the FDIC’s Customer Assistance Form and informed any aggrieved customers that a Qoins representative would assist in helping the customer file a complaint against SouthState with the FDIC. [read post]