Shareholder and FDIC complaints increase risks for officers and directors and raise insurance costs for banks
(24 days ago)
In the aftermath of the great Cyprus bank confiscation, the FDIC, along with the Federal Reserve and Bank of England, are formulating plans to allow for the confiscation and redistribution of unsecured bank deposits, should the need arise in the...
(2 months and 11 days ago)
Now out of government, the former FDIC chairman still pushes tougher bank regulation.
(6 days ago)
The Federal Deposit Insurance Corp. has begun posting online more than 200 previously undisclosed settlements related to bank failures that accompanied the financial crisis. The revelations come in response to a Los Angeles Times story last week that examined the FDIC’s policy of quietly settling civil claims involving failed banks, ...
(3 months ago)
NEW YORK (TheStreet) -- Wal-Mart Stores and American Express rolled out the radical Bluebird cash card service in October and now they have made the service so much better. The companies on Tuesday announced that permanent Bluebird accounts would now be insured by the Federal Deposit Insurance Corp., because American Express will place funds in custodial accounts with...
(2 months and 22 days ago)
Harry Gross sets the record straight to help end a family argument over FDIC insurance.
(2 months and 25 days ago)
VERO BEACH — Marine Bank & Trust’s nearly two-year fight against FDIC charges that it “engaged in unsafe or unsound banking practices” is over with terms satisfactory to both sides.
(1 month and 16 days ago)
Former TierOne Bank officials are being sued over loans that the FDIC says were too risky.
(11 days ago)
* Federal Deposit Insurance Corp pushes bailout alternative * Analysts say bond investors starting to price in FDIC plan * Bank subsidiaries outside of U.S. remain a hurdle By Emily Stephenson and David Henry WASHINGTON/NEW YORK, April 15 (Reuters) - For the past year, a special team of U.S. bank regulators has been on a quiet mission to end the belief on Wall Street that...
(2 months and 4 days ago)
Filed under: Investing HeritageBank of the South, a Subsidiary of Heritage Financial Group, Purchases Frontier Bank in Transaction with the FDIC ALBANY, Ga.--(BUSINESS WIRE)-- Heritage Financial Group, Inc. (NAS: HBOS) , the holding company for HeritageBank of the South, today announced that HeritageBank of the South has entered into a definitive whole-bank purchase and...
(3 months and 11 days ago)
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