Browsing: FDIC

Key insight: First Citizens made its first payment on a $35 billion debt to the FDIC connected with its Silicon Valley Bank acquisition in 2023.Expert quote:…

Key Insight: The Federal Deposit Insurance Corp. is restructuring its supervisory appeals process.Supporting data: The final rule requires the three-member appeal panel to have at least…

Key insight: Plaid’s new hire signals strategic regulatory engagement with banks and policymakers.Expert quote: McWilliams argues that technology strengthens the financial system and broadens consumer choice.Forward…

Key insight: Under Chair Travis Hill, the FDIC has undergone a sweeping deregulatory and institutional reset, rolling back Biden-era rules, accelerating mergers and charters, embracing fintech and…

Key insight: Travis Hill was confirmed by the Senate as part of an en blanc nominations package Thursday night. Forward look: Hill is expected to continue tailoring…

The Federal Deposit Insurance Corporation on Tuesday approved a deposit insurance application for Erebor Bank, a de novo national bank founded by Palmer Luckey, founder of…

Key insight: The Federal Deposit Insurance Corp. Tuesday issued a proposed rule that would set up a process for banks to issue payment stablecoins, pursuant to…

Key insight: The Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. rescinded a 2013 interagency leveraged lending guidance, but left the door…

Proposed increases to deposit insurance coverage would be a giveaway to large banks and wealthy depositors, writes Ken Thomas.Nathan Howard/Bloomberg Some bankers apparently think the “c”…

The FDIC’s proposal to remove the requirement that banks provide public notice of plans to open new branches short circuits a key means of holding banks…