Hints and tips:
...The Federal Deposit Insurance Corporation needs to recoup $15.8bn spent on containing bank runs. It aims to do so with a levy on uninsured deposits. Some banks are trying to game the system....
...Two days after the Federal Deposit Insurance Corporation took control of the bank’s assets, the Treasury, Federal Reserve, and FDIC announced that depositors would have access to all of their money on Monday...
...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....
...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....
...Cravath on Monday said it had hired former leaders of the Federal Deposit Insurance Corporation and the US Securities and Exchange Commission to advise clients on an “increasingly complex and active regulatory...
...The firm is opening a new office in Washington with former leaders of the Federal Deposit Insurance Corporation and the US Securities and Exchange Commission in a bid to take on more government and regulatory...
...First, there are a lot of banks in America (4,987 are insured by the Federal Deposit Insurance Corporation)....
...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....
...What exactly do the Federal Deposit Insurance Corporation and the Federal Reserve Board say they want big banks to do?...
...on deposit insurance, interest rate caps, reserve requirements....
...They, along with Penn Square, were taken over by the Federal Deposit Insurance Corporation, which “resolved” them in liquidation and sale mode....
...The SEC alleged Mr Perry had engaged in securities fraud, while the Federal Deposit Insurance Corporation claimed he allowed the bank to make risky loans that led to its downfall....
...Six months later the bank failed and the Federal Deposit Insurance Corp, the regulator, sold WaMu to JPMorgan....
...He told me, ‘Prince, Citi does not need any longer my connections in the Treasury, the FDIC [Federal Deposit Insurance Corporation, which insures US bank deposits] or the Federal Reserve’.”...
...said Bill Isaac, former chairman of the Federal Deposit Insurance Corporation, which guarantees deposits at US banks....
...The transaction saved AWB from being seized by the Federal Deposit Insurance Corporation, thereby avoiding a bank failure that could have cost the FDIC an estimated $300m....
...They put in place the Federal Deposit Insurance Corporation to provide an orderly resolution of troubled depository institutions – “banks” – before they failed....
...Deposit insurance assessments have been modified to include wholesale funding, rather than just deposits....
...So are we missing something here, or is the Goldman approach tantamount to giving Volcker, Dodd et al the finger? That can’t be Goldman’s intention....
...Deposit Insurance Corporation… He’s also accused of “falsely representing that [he] had invested $6.5m of his own funds to provide additional capital to the Bank, when in truth and in fact, [he] devised...
...A public sign of such activity came on Friday when Colony Capital won a Federal Deposit Insurance Corporation auction for $1bn (€693m) of commercial property loans formerly held by failed banks in states...
...You can see why FDIC, the Fed, et al are so concerned about commercial real estate (CRE), having issued their guidance on “prudent” CRE loan workouts late last week....
...Related links: SEC V. TREVOR G. COOK, PATRICK J. KILEY, ET AL, Case No. 09 CV 3333 – SEC Litigation release...
...facilitated by the Federal Deposit Insurance Corporation (FDIC)....
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