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The FDIC did not respond to a request for comment on Thursday afternoon, but told the Journal it took the matter very seriously and that an outside law firm would conduct an internal review.
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.
FDIC Chair Martin Gruenberg said Monday that he is prepared to step down less than a week after he rebuffed bipartisan calls to resign, a shake-up that could have implications for an aggressive ...
An outside review released on Tuesday found the agency needed to adopt sweeping changes to fix workplace culture and address harassment, racial discrimination and other longstanding problems ...
Rodriguez v. FDIC was a United States Supreme Court case (589 U.S. ____ (2020)) in which the court held that the Bob Richards rule was not appropriately crafted and federal judges should not apply it when resolving disputes about tax allocations to members of an affiliated group filing a consolidated return.
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]
FDIC Chair Martin Gruenberg rebuffed calls to resign during a heated House hearing Wednesday as he pledged to fix a toxic workplace culture while his agency prepares an overhaul of how banks are ...
FDIC Chair Martin Gruenberg is under new scrutiny in Washington while the FDIC tries to make its case for a sweeping overhaul of banks regulation. FDIC thrown into turmoil amid push for biggest US ...