Federal Deposit Insurance Corporation (FDIC)
Seeking green shoots
Issuance and risk appetite appear to be increasing in the US market. But is this just froth or does it represent a genuine step towards recovery? Sophia Morrell assesses how confident institutional and retail clients are feeling
FDIC earnings report shows banks not out of the woods yet
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Problem banks rise to highest level since 1994
The list of problem banks maintained by the Federal Deposit Insurance Commission (FDIC) has soared to 416, the highest level since 1994.
FDIC seeks feedback on SPV FASB accounting changes
US regulatory authorities are to consult financial institutions over impending changes to accounting principles that could bring billions of dollars in off-balance-sheet conduits and other vehicles back onto bank balance sheets, ramping up firms' capital…
Stress on US banks rises in Q2
US banks face rising losses and continuing economic stress, with little reason for optimism in their second-quarter results, analysts say.
FDIC: crisis validates US Basel II delay and leverage ratio
The decision by the US to retain the leverage ratio has been validated by the events of the financial crisis and spared the country from an even more severe fiscal implosion, a senior Federal Deposit Insurance Corporation (FDIC) official has claimed.
Citi adds three directors to board in response to regulatory probe
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Regulatory turf war hits Congress
A battle for influence among US financial regulators broke out in Congress on July 24, as they testified before a Congressional committee on the merits of the Obama administration's proposals for regulatory reform.
Citi in secret FDIC deal over governance problems
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US PPIP toxic securities scheme launches, fund managers named
The US Treasury's scheme to purchase toxic mortgage-backed securities was officially launched yesterday with the unveiling of the asset managers charged with investing public funds, while officials sought to quell claims the scheme has been dramatically…
Agencies aim to unite US with Basel liquidity risk standards
US regulatory authorities yesterday released proposed guidance on contingent funding and liquidity risk in a bid to bring US financial institutions into alignment with international liquidity standards.
The Bair necessities
Federal Deposit Insurance Corporation chairman Sheila Bair has argued that systemically important financial institutions should hold more capital as a disincentive to growth, while a new entity should be set up to manage the orderly resolution of…
Obama reform plans show no progress on OTC derivatives clearing
The Obama administration's much-hyped regulatory reform proposals disappointed over-the-counter derivatives dealers and end users yesterday by again failing to provide new details on how OTC markets with mandatory central clearing would operate.
Toxic loan PPIP purchases postponed, feared dead
The purchase of distressed whole loans using taxpayer funds under the US Treasury's Public-Private Investment Program (PPIP) has been postponed, the Federal Deposit Insurance Corporation (FDIC) has announced, raising speculation that the scheme might be…
