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In congressional testimony this week, FDIC Chair Martin Gruenberg said he found the reports personally troubling and vowed to take corrective action, adding that the agency had successfully acted ...
The agreement FDIC has asked BlackRock to sign is similar to one announced last week with another giant money manager, Vanguard Group, that imposes new compliance requirements when the manager ...
The chair of the FDIC told a Senate committee Tuesday that he was 'personally disturbed' by a report of sexual harassment and a toxic culture at the regulatory agency. ... 15 photos that prove the ...
At the lower extreme, a critically undercapitalized Federal Deposit Insurance Corporation (FDIC)-regulated institution (i.e., one with a ratio of total capital / assets below 2%) is required to be taken into receivership by the FDIC in order to minimize long-term losses to the FDIC. [1]
(Reuters) -The White House could decide on a nominee to replace the chair of the U.S. Federal Deposit Insurance Corporation (FDIC) as early as next week, two people with knowledge of the matter ...
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 ...
The FDIC’s standard deposit insurance limit is $250,000 per depositor, per insured bank, per ownership category. Some customers of The National Bank of Lindsay weren’t within the FDIC limits.