Search for: "Federal Deposit Insurance Corporation, The"
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31 Aug 2010, 4:10 pm
News release: "Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) reported an aggregate profit of... [read post]
30 Aug 2010, 10:18 am
As for the application of the new diversity requirements, the legislation will apply to businesses which deal with a number of federal agencies involved in the financial sector, including the Departmental Offices of the Department of the Treasury, the Federal Deposit Insurance Corporation, the Federal Housing Finance Agency, each of the Federal Reserve banks, the Board of Governors of the Federal Reserve System, the National… [read post]
27 Aug 2010, 1:59 pm
Retained asset accounts are not backed by the Federal Deposit Insurance Corporation, however - a crucial fact that creates uncertainty and added risks. [read post]
26 Aug 2010, 12:28 pm
These retained asset accounts let life insurance companies keep proceeds of life insurance policies in their general corporate accounts, earning investment income, while providing the beneficiary with a checkbook-like account that is not insured by the Federal Deposit Insurance Corp. [read post]
20 Aug 2010, 2:07 pm
Federal Deposit Insurance Corporation Yes No No No No No No Fenwick & West LLP Yes Yes Yes Yes Yes Yes No This example is not cherrypicked. [read post]
19 Aug 2010, 4:39 am
Selected items by law firms recently posted on the InternetSource: Lexology in cooperation with the Association of Corporate Counsel[Click on caption to access item posted on the Internet]Court, not arbitrator, decides contract formation question in the arbitration contextKelley Drye & Warren LLPAlfred Janiga has lived and worked in the United States for over 20 years since his arrival from Poland.Washington - Washington court holds statute of limitations doesn't apply to… [read post]
18 Aug 2010, 8:02 am
Just days after the Federal Deposit Insurance Corporation announced that life insurers should disclose more information about retained-asset accounts to their customers, the National Association of Insurance Commissioners issued a consumer alert on the products. [read post]
18 Aug 2010, 7:11 am
Bloomberg Markets magazine reported on July 28 that Prudential holds payments owed to the families of fallen soldiers in its general corporate account and sends survivors “checkbooks” that aren’t insured by the Federal Deposit Insurance Corp. [read post]
16 Aug 2010, 10:42 am
JPMorgan Chase has filed suit against the Federal Deposit Insurance Corporation in the federal court in Washington, alleging that the agency, which is acting as receiver for now-defunct AmTrust Bank, improperly denied JPMorgan’s effort to recoup losses it suffered when... [read post]
15 Aug 2010, 2:47 pm
Cautious or fearful consumers save in safe forms, such as insured bank deposits, Treasury bills, or cash. [read post]
13 Aug 2010, 11:27 am
The Federal Deposit Insurance Corporation announced yesterday that the new process would allow... [read post]
11 Aug 2010, 8:02 am
“Concentration on the national level is something that ought to be of concern to policy makers” because it means “fewer choices and less-competitive pricing” for small businesses and consumers, says William Isaac, the chairman of the Federal Deposit Insurance Corp. from 1981 to 1985. [read post]
6 Aug 2010, 10:27 am
However, the accounts themselves aren’t backed by the Federal Deposit Insurance Corp. and may pay uncompetitive interest rates. [read post]
4 Aug 2010, 5:47 am
Joe Jiampietro, one of the top internal deal-makers at the Federal Deposit Insurance Corporation, is leaving the agency this month, the F.D.I.C. said. [read post]
4 Aug 2010, 2:56 am
Camp to federal prison on charges of making false statements to the Federal Deposit Insurance Corporation (FDIC) and aggravated identity theft. [read post]
3 Aug 2010, 7:00 am
Not only is this misleading, but it is potentially criminal - it is unlawful to accept deposits without being chartered to do so by state or federal banking authorities. [read post]
2 Aug 2010, 4:12 am
” The Attorney General’s statement alleges that insurers reportedly earn upwards of 4.8% on the funds held in retained asset accounts, but pay surviving family members as little as 0.5% interest, "less than half the rate available at some Federal Deposit Insurance Corporation (the “FDIC”) insured banks. [read post]
1 Aug 2010, 11:56 am
Although the economy has shown signs that it may be turning around, small banks are still not safe from having the Federal Deposit Insurance Corporation (FDIC) close the bank or from having a larger bank take them over. [read post]
30 Jul 2010, 1:31 pm
The team also felt, on balance, that the Fed should retain some responsibility for the consolidated supervision of non-systemic BHCs, even as broad back-up supervisory authorities spanning all insured banks and thrifts wouldsuffice for the FDIC’s resolution planning and deposit insurance responsibilities. [read post]
29 Jul 2010, 6:35 am
"You can hold the money in the account for safekeeping for as long as you like," the letter said.In small print, in a disclaimer Lohman said she didn't notice, Prudential disclosed that what it called its Alliance Account was not guaranteed by the Federal Deposit Insurance Corp.Lohman, 52, left the money untouched for six months after her son's August 2008 death. [read post]
