News Topic: FDIC

The deposit insurer has stayed out of the debate over how to regulate the online lending industry. But that may be about to change. ... Read full article

The regulator said that the Bank of Lake Mills, Freedom Stores and Military Credit Services violated the FTC Act. ... Read full article

There are barriers to possible efforts by Acting Comptroller of the Currency Keith Noreika to act unilaterally to change the Volcker Rule. ... Read full article

Without powers granted by the Dodd-Frank Act to unwind failing financial firms, a central and known problem that contributed to our last financial crisis would become a core problem of our next one. ... Read full article

The top executives at Guaranty Bank said that, after years of struggles, the $1 billion-asset bank was a month or two away from raising the capital it needed to survive. ... Read full article

Guaranty Bank & Trust in Milwaukee was shut down by federal regulators Friday, just a week after one of the costliest failures since the crisis. ... Read full article

The full-scale attack on the “orderly liquidation authority,” the Dodd-Frank Act provision authorizing the government to manage wind-downs of failed companies, is unfortunate. ... Read full article

More than 100 days into Trump’s presidency, financial regulators still lack key appointments. Here's why that matters. ... Read full article

State regulators shuttered $4.7 billion-asset First NBC Bank of New Orleans in what is expected to be the costliest failure since the tail end of the financial crisis. ... Read full article

Wells Fargo has “adequately remediated the remaining deficiencies" in the living wills it had originally filed in 2015, regulators said on Monday. ... Read full article

President Trump's executive orders question Obama-era financial crisis prevention system. ... Read full article

The president’s targeting of FDIC’s Orderly Liquidation Authority may ultimately heighten concerns about “too big to fail.” Here's why. ... Read full article

Treasury Secretary Steven Mnuchin said fixes to orderly liquidation authority and the Volcker Rule would be included in regulatory recommendations to the president due this summer. ... Read full article

The number of U.S. banks has fallen by 24% since the end of 2010, a result of mergers, failures and a dearth of de novo activity. Here are the 10 states with the biggest declines as a percentage of total banks headquartered in the state, according to ... Read full article

President Trump has been in office for nearly 12 weeks, but he still hasn’t nominated several critical positions among financial services regulators. Following is a guide to what’s vacant now, and when other posts will be available. ... Read full article

Regulators issued determinations on living wills for 16 midsize and specialty banks Friday morning, finding only Northern Trust’s submission lacking. ... Read full article

During a panel discussion Tuesday, regulators said they are trying not to crack down too hard on sales incentive programs and fix problems that bankers have identified with the exam system. ... Read full article

The Federal Deposit Insurance Corp. said the Deposit Insurance Fund is projected to reach 1.35% of insured deposits next year, well ahead of a 2020 deadline. ... Read full article