Federal Deposit Insurance Corporation
Community Banks Lead Industry in Profit Growth
The sector's first-quarter net income rose 16% from a year ago, compared to 6.9% for all FDIC-insured banks.
FDIC Wants Better Information on Depositors
A rule proposed by the Federal Deposit Insurance Corporation would force large banks to improve their deposit account recordkeeping.
Let’s Give Smaller Banks a Break: FDIC Chair
Thomas Hoenig says "traditional banks" with minimal derivative holdings and large amounts of equity deserve some regulatory relief.
Regulators Reject ‘Living Will’ Plans of Three Banks
BNP Paribas, HSBC, and Royal Bank of Scotland are told to resubmit their plans by the end of the year.
Doral Bank’s Struggles End
Banco Popular bought $3.25 billion of Doral's assets and paid the FDIC a premium of 1.59% for the failed Puerto Rican bank’s deposits.
Bank Earnings Plunge 7.3%
A fall in mortgage-related income and hefty litigation expenses caused a disappointing fourth quarter for FDIC-insured financial institutions.
Leveraged Lending Pullback Tied to Regulatory Scrutiny
Large U.S. banks may be heeding the warnings of regulators and staying away from highly leveraged deals.
New Swaps Protocol Aimed at Avoiding ‘Too Big to Fail’
The new procedure will in theory keep an insolvent bank's counterparties from stepping in and seizing collateral during a crisis.
FDIC Downgrades Puerto Rico Bank’s Financial Condition
Doral Financial was proclaimed "significantly undercapitalized" by the FDIC and must immediately increase capital or submit a contingency plan.
Credit Suisse Gets Fed Warning About Leveraged Loans
The bank's underwriting and sale of leveraged loans may not be in compliance with regulatory guidance issued just last year.
Moody’s Spotlights Risky Leveraged Lending
Covenant protections on highly leveraged loans continue to weaken, meaning lenders will be vulnerable if a borrower experiences financial distress.