Search for: "Federal Deposit Insurance Corporation, The"
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19 Jul 2010, 3:26 am
North American Financial Holdings, run by the former chief of Bank of America's investment banking unit, bought three failed United States lenders, as the number of banks taken over by the Federal Deposit Insurance Corporation this year hit 96, Bloomberg News reported. [read post]
18 Jul 2010, 5:15 am
According to the FDIC website:"The Federal Deposit Insurance Corporation (FDIC) is an independent agency created by the Congress to maintain stability and public confidence in the nation's financial system by: insuring deposits, examining and supervising financial institutions for safety and soundness and consumer protection, and managing receiverships". [read post]
16 Jul 2010, 3:03 pm
The Dodd-Frank Act includes reforms and other provisions in the following areas: regulatory structure (including creation of a new Financial Services Oversight Council), regulation of systemically significant financial institutions, bank capital requirements, proprietary trading by certain banking entities, sponsorships of and investments in hedge funds and private equity funds by certain banking entities, resolution of failing financial institutions, fees paid to the… [read post]
15 Jul 2010, 11:37 am
Treasury from $1 billion to $2.5 billion to support the work of the Securities Investor Protection Corporation and raises SIPC’s maximum cash advance amount to $250,000 in order to bring the program in line with the protection provided by the Federal Deposit Insurance Corporation. [read post]
13 Jul 2010, 7:30 am
As a means of protecting the deposit insurance fund, the Federal Deposit Insurance Corporation has been granted expanded backup supervision authority over banks that it does not directly supervise under a memorandum of understanding with the other primary federal bank regulators approved by the FDIC board of directors July 12. [read post]
13 Jul 2010, 1:52 am
Federal bank regulators have agreed to give the Federal Deposit Insurance Corporation unlimited authority to investigate banks, clarifying the agency's power, which was in question during the financial crisis. [read post]
9 Jul 2010, 7:39 am
Key agencies such as the Treasury Department, the Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency, Securities and Exchange Commission (SEC) as well as the 12 Federal Reserve regional banks will get their own Office of Minority and Women Inclusion. [read post]
7 Jul 2010, 8:31 am
Since the start of 2008, 228 banks insured by the Federal Deposit Insurance Corporation ("FDIC") have failed. [read post]
1 Jul 2010, 5:20 pm
Federal Election Commission. [read post]
27 Jun 2010, 8:44 pm
The first concerns federal (and sometimes state) laws prohibiting “kickbacks. [read post]
26 Jun 2010, 4:59 pm
Consumer Protections: Consolidates and strengthens consumer protection responsibilities currently handled by the Office of the Comptroller of the Currency, Office of Thrift Supervision, Federal Deposit Insurance Corporation, Federal Reserve, National Credit Union Administration, the Department of Housing and Urban Development, and Federal Trade Commission. [read post]
24 Jun 2010, 3:56 am
Private equity firms thwarted by the Federal Deposit Insurance Corporation in their efforts to buy ailing banks, have found a way around the problem, Bloomberg News writes: Buying healthy lenders that they can later merge with distressed firms. [read post]
23 Jun 2010, 11:52 am
corporate bonds or money market instruments. [read post]
21 Jun 2010, 6:22 pm
AGREED TO – New Offices of Minority and Women AGREED TO – Deposit Insurance Reforms: Permanent increase in deposit insurance for banks, thrifts and credit unions to $250,000, retroactive to January 1, 2008. [read post]
19 Jun 2010, 9:33 am
· Be sure the corporate fiduciary or insurance company provides you with a copy of the annual notice. [read post]
14 Jun 2010, 7:33 pm
” “When an open financial institution acquires or assumes the liability for a failing institution’s deposits, the FDIC as insurer reimburses it for the amount of insured deposits,” says the federal agency’s handbook on bank closures. [read post]
7 Jun 2010, 8:34 am
But one of the Official Forms is close to the heart of every bankruptcy debtor in Arizona who is a human being, as opposed to a corporation or partnership or limited liability company debtor in a bankruptcy case. [read post]
2 Jun 2010, 8:52 am
The National Credit Union Share Insurance Fund, a federal agency that guarantees credit union deposits, will have to pay an estimated $40 million in connection with the failure of Eastern Financial. [read post]
30 May 2010, 9:30 am
The Federal Deposit Insurance Corporation, which insures deposits and manages failed banks placed in receivership, among other things, has received toxic collateralized debt obligations (CDOs) with a “book value” of over $400 million from approximately two dozen failed banks around the country. [read post]
28 May 2010, 11:30 am
No guarantee: None of the State of New York, its agencies, the Federal Deposit Insurance Corporation (FDIC), The Vanguard Group, Upromise Investments, Inc., nor any of their applicable affiliates insures accounts or guarantees the principal deposited therein or any investment returns on any account or investment portfolio. [read post]
