Joe Adler

The FDIC is set to make a massive change to the way it calculates premiums, releasing a proposal Tuesday that would force banks to pay assessments based on total liabilities.

Regulators met with officials from large banks Thursday to discuss the "living wills" behemoths must develop under the Dodd-Frank law.

The Federal Deposit Insurance Corp. is set to unveil changes Tuesday in how it sets deposit insurance assessments. Among the changes is a new assessment method required by the Dodd-Frank law.

Of the 42 Democrats on the panel, 11 lost their reelection races, defeated in a wave of anti-incumbent sentiment and growing dissatisfaction with the state of the economy.

Mitchell Glassman, the director of the FDIC's division of resolutions and receiverships, is leaving after more than 35 years at the agency. Deputy director James Wigand will take over as the acting director.

As the Obama administration sets about filling key vacancies among the federal banking regulators and finding a director for the new consumer protection agency, an old math problem at the Federal Deposit Insurance Corp. — with new wrinkles — is once again rearing its head.

Small downgrade of Barney Frank's reelection chances makes waves in the blogosphere; an aide to Sen. Bob Corker is returning to lobbying; and more.

WASHINGTON — Although the Consumer Financial Protection Bureau began breaking in new headquarters last week, the agency's architect, Elizabeth Warren, told reporters she does not intend to stay chained to her downtown Washington office.

The FDIC assessment plan was a mixed bag for bankers as the agency canceled a planned 2011 premium increase but proposed a record high target for federal reserves.

With more time to rebuild its coffers and failed-bank losses easing, the Federal Deposit Insurance Corp. Tuesday abandoned an across-the-board premium hike slated to go into effect next year.

The government seized three Midwest banks late Friday, costing the Deposit Insurance Fund just over $500 million.

WASHINGTON — The government seized three Midwest banks late Friday, costing the Deposit Insurance Fund just over $500 million.

CFTC Commissioner channels his inner pop star when discussing reg reform; Daily Show host takes banks to task over robo-signing docs; comings and goings at OCC, Freddie; and more.

Under existing rules, a bank with a 4 or 5 Camels rating cannot make such payments to parties terminating their affiliation with the institution.

The Federal Deposit Insurance Corp. has named Mark Pearce, an official in the North Carolina banking department, to lead a new division devoted to consumer compliance.

Federal Deposit Insurance Corp. Chairman Sheila Bair said Wednesday the growing robo-signing scandal was symptomatic of the poor incentives that marred the securitization market, but she opposed a universal freeze on foreclosures.

The FDIC has named Mark Pearce, an official in the North Carolina banking department, to lead a new division devoted to consumer compliance.

Seeking to rebut concerns the Federal Deposit Insurance Corp. would use its new resolution powers over large firms to play favorites with creditors, the agency released a proposal Tuesday designed to severely limit who could receive extra relief in a failure.

While the Justice Department's antitrust lawsuit against three major card networks appeared to bolster merchants' case for regulating interchange fees, it may also have undercut a push for legislation targeting the issue.

Monterey County Bank settled with the FDIC over allegations that certain credit and debit practices were "deceptive," the agency said Tuesday.