federal deposit insurance corp

FDIC weighs changes in its fees for big banks

Newsvine - business  Tue, 04/13/2010 - 18:26

The Federal Deposit Insurance Corp. on Tuesday proposed changes to the way it determines how much it charges big banks to insure their deposits, with the aim of having large, higher-risk institutions pay bigger premiums.


 

Bair says Senate bill must be tweaked

Newsvine - business  Fri, 03/19/2010 - 13:12

The head of the Federal Deposit Insurance Corp. says loopholes need to be filled in new Senate legislation to ensure an end to the disastrous "too-big-to-fail" approach that brought the government rushing in to bail out big banks in the financial crisis.


 

FDIC approves sharp increase in 2010 budget to $4B

Newsvine - business  Tue, 12/15/2009 - 20:44

The Federal Deposit Insurance Corp. said Tuesday its 2010 budget will jump to $4 billion from $2.6 billion this year, and announced plans to hire more than 1,600 mostly temporary employees as it continues to grapple with a rising number of bank failures.


 

F.D.I.C. to Consider Ways to Replenish Deposit Fund

NYT > Business  Fri, 09/18/2009 - 10:11

Bank regulators will meet at the end of the month to explore options to replenish the dwindling fund that safeguards bank deposits, the chairman of the Federal Deposit Insurance Corp said.


 

Bank regulators consider how to replenish fund

MSNBC.com: Business  Fri, 09/18/2009 - 09:13

U.S. bank regulators will meet at the end of the month to explore options, including some that are not well-known, to replenish the dwindling fund that safeguards bank deposits, the chairman of the Federal Deposit Insurance Corp said on Friday.


 

FDIC urges mortgage help for unemployed

Newsvine - business  Fri, 09/11/2009 - 14:27

The Federal Deposit Insurance Corp. is encouraging companies that buy failed banks with troubled home loans to extend temporary help to people who have lost their jobs and can't pay their mortgage bills.


 

Five more banks shuttered, bringing '09 total to 89

Digg - Business & Finance  Sat, 09/05/2009 - 18:00

-The banks will cost the Federal Deposit Insurance Corp, who are taking them over when they fail, a total of $401 million to close.-InBank's failure will cost the deposit insurance fund $66 million-Platinum Community Bank Deposit Insurance Fund will be $114.3 million.


 

FDIC Closes Texas-Based Guaranty Bank

Digg - Business & Finance  Sat, 08/22/2009 - 22:30

Guaranty Bank became the second-largest U.S. bank to fail this year after the Texas lender was shut down by regulators and most of its operations sold at a loss of billions of dollars for the U.S. government to a major Spanish bank.

The transaction approved by the Federal Deposit Insurance Corp.


 

Four More Failed Banks Brings Year's Tally To 68

Topix - Business News  Sun, 08/02/2009 - 02:43

Four more banks failed according to the Federal Deposit Insurance Corp. on Friday, bringing the year's total to 68, and to 93 failed banks since the beginning of the recession.


 

FDIC seeks more investor interest in failed banks

Newsvine - business  Thu, 07/02/2009 - 09:48

The Federal Deposit Insurance Corp. is proposing rules that it hopes will attract more private equity investors as buyers of failed banks.