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Federal Deposit Insurance Corporation Chairman Martin Gruenberg announced Monday that he will resign, after a recent probe found a widespread culture of sexual harassment and discrimination at the ...
The FDIC is one of several banking system regulators. The Great Depression-era agency is best known for running the nation’s deposit insurance program, which insures Americans’ deposits up to ...
Trump's transition team, FDIC, OCC, and the Treasury department did not immediately respond to Reuters' request for comment. Trump advisers seek to shrink or eliminate bank regulators, WSJ reports ...
Jelena McWilliams (née Obrenić; born July 29, 1973) [1] is a Serbian-American business executive and a former chairman of the Federal Deposit Insurance Corporation.She was nominated to the position and to the FDIC Board of Directors by President Donald Trump, and the Senate confirmed her appointment on May 24, 2018. [2]
The Federal Deposit Insurance Corporation (FDIC) may assume deposits of banks or allow other banks to assume them. The largest banks to be acquired have been the Merrill Lynch acquisition by Bank of America, the Bear Stearns and Washington Mutual acquisitions by JPMorgan Chase, and the Countrywide Financial acquisition also by Bank of America.
The Banking Act of 1933 (Pub. L. 73–66, 48 Stat. 162, enacted June 16, 1933) was a statute enacted by the United States Congress that established the Federal Deposit Insurance Corporation (FDIC) and imposed various other banking reforms. [1]
State and national Republicans on Thursday appealed a Georgia judge’s ruling striking down a slate of controversial new election rules passed by Donald Trump allies, including two related to the ...
RBC's footprint in Alabama, Georgia, and Florida expanded significantly after its acquisition of Alabama National BanCorporation (ANB). RBC received U.S. approval February 5, 2008, and on April 14, 51 branches re-opened as RBC Bank. The remaining branches re-opened by June 2008. ANB operated in three states through eleven different subsidiaries.