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The FSB's predecessor organization, the Financial Stability Forum (FSF), had emerged from a group of finance ministries, central bankers, and international financial bodies, which had been founded in 1999 to promote international financial stability by the finance ministers and central bank governors of G7 countries. [4]
The Illinois Department of Financial and Professional Regulation (IDFPR) is the Illinois state government code department [1] [2] that through its operational components, the Division of Banking, Division of Financial Institutions, Division of Professional Regulation, and Division of Real Estate, oversees the regulation and licensure of banks and financial institutions, real estate businesses ...
The Pritzker family entered into a $460 million, 15 year, interest-free settlement in December 2001 to protect the family's business reputation and avoid civil forfeiture and litigation. At the time, Superior Bank was the largest bank failure in more than a decade. As of March 2012, former Superior Bank depositors are still owed over $10 million.
The Forum was founded in 1999 to promote international financial stability. Its founding resulted from discussions among Finance Ministers and Central Bank Governors of the G7 countries, and a study which they commissioned. [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 Bank purchased a lot on LaSalle Street and commissioned the architectural firm of Graham, Anderson, Probst and White—which also designed the Continental Illinois Building across the street—to design its new headquarters. [9] The landmark Beaux-Arts building opened in 1922. [9] The Bank opened its Money Museum in 2001. [10]
In November 2023, [10] the FSB updated the list of G-SIBs, and the following 29 major banks (or banking groups) were included (with 11 across Europe, 8 in the United States, 5 in China, 3 in Japan and 2 in Canada): Agricultural Bank of China; Bank of America; Bank of China; Bank of Communications; The Bank of New York Mellon; Barclays; BNP Paribas
Federal savings bank, a class of bank in the US; Federation of Small Businesses, a British lobbying group; Financial Services Board (South Africa), a financial regulatory authority; Financial Stability Board, an international group of financial authorities; First Somali Bank, a bank headquartered in Mogadishu, Somalia