Hints and tips:
...Martin Gruenberg, chair of the Federal Deposit Insurance Corporation, warned of “significant downside risks to the banking industry”....
...However, the Federal Deposit Insurance Corporation estimated that losses to its insurance fund would be about $13bn....
...The moves left BofA with more than $100bn in paper losses at the end of the first quarter, according to data from the Federal Deposit Insurance Corporation. Read more on BofA’s blunder. 3....
...US bank turmoil: The Federal Reserve will release its highly anticipated report into the collapse of Silicon Valley Bank and, separately, the Federal Deposit Insurance Corporation reports on how it supervised...
...“Certainly, the way we think about deposit insurance in the wake of Dodd-Frank is it requires congressional action for the [Federal Deposit Insurance Corporation] to provide a blanket, universal guarantee...
...But some argued that the weekend deal brokered by the Federal Deposit Insurance Corporation and California regulators illustrated the resilience of the US banking system....
...In breaking down the deal, the Federal Deposit Insurance Corporation said First Citizens would take over $72bn of SVB’s assets, $119bn of its deposits and its 17 branches....
...Here’s what I’m keeping an eye on today: SVB Senate hearing: Officials from the US Treasury, Federal Reserve and Federal Deposit Insurance Corporation are in for hours of questioning today by the Senate...
...Deposit Insurance Corporation data....
...The Federal Deposit Insurance Corporation, which took over SVB on Friday, is restarting the auction for the bank, after failing to find a buyer over the weekend....
...And corporations of all types use longer-term currency swaps to hedge their own foreign currency bond liabilities (McBrady et al (2010), Munro and Wooldridge (2010)). The BIS’s suggestion?...
...Bank supervisors at the regional Fed banks, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency “have got to kick the tyres on what these laws could do....
...We think the SEC should stay away, but we were struck by a thoughtful Twitter thread by Todd Phillips, a policy consultant and former Federal Deposit Insurance Corporation lawyer, arguing the other way....
...You’re damned if you do and you’re damned if you don’t’ Sheila Bair helped lead the response to the 2008 financial crisis as head of the US Federal Deposit Insurance Corporation....
...There is for sure a debate to be had about when the Federal Reserve et al should have pivoted their stance more forcefully to tackle inflationary pressures, and what they should and shouldn’t do now....
...Go deeper The Fed must emulate the tactics of Volcker’s fight against inflation, writes former chair of the US Federal Deposit Insurance Corporation Sheila Bair. Five more stories in the news 1....
...First, there are a lot of banks in America (4,987 are insured by the Federal Deposit Insurance Corporation)....
...The letter from two of the most influential liberal lawmakers in Congress with oversight over Wall Street comes as the Fed, the Federal Deposit Insurance Corporation and the Office of the Comptroller of...
...Sheila Bair, who chaired the Federal Deposit Insurance Corporation during the 2008 financial crisis, will chair the board of the US government-sponsored mortgage lender Fannie Mae....
...Sheila Bair, who previously chaired the Federal Deposit Insurance Corporation, was also named to the board....
...“Amazon” Cuomo et al will hope not. In Wisconsin, considerable effort was expended to woo Foxconn — a Taiwan-based company which makes, among other things, roughly half of the world’s iPhones....
...The Federal Deposit Insurance Corporation, meanwhile, seems anxious to separate cryptocurrencies from the regulated banking system, which has “know your customer” rules designed to combat money-laundering...
...McVeigh was the anti-government fanatic who blew up a federal building in Oklahoma City in 1995, killing 168 people....
...The former chairwoman of the Federal Deposit Insurance Corporation, who has been using Kansas-based Blooom to manage her own retirement plan for about a year, said she was “consistently appalled” at the...
...The former head of the Federal Deposit Insurance Corporation is joining Chicago-based Avant at a time when the online lenders are beset by new pressures after years of explosive growth....
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