Joe Adler is the former Washington Bureau Chief of American Banker.
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Four years after the Federal Deposit Insurance Corp. launched an elaborate deposit insurance pricing system, the agency has gone back to the drawing board.
By Joe AdlerApril 13 -
The FDIC issued a proposal Tuesday that would significantly overhaul how much large banks pay in premiums. Under the plan, which has a 60-day comment period, institutions with more than $10 billion in assets would be assessed based on more "forward-looking measures," such as their ability to handle asset-related stresses and the potential severity of FDIC losses if that institution were to fail.
By Joe AdlerApril 13 -
Federal Deposit Insurance Corp. Chairman Sheila Bair said misinformation about the regulatory reform legislation may hold up the bill.
By Joe AdlerApril 12 -
The FDIC sold the operations of the $585 million-asset Beach First National Bank in Myrtle Beach, S.C., to Bank of North Carolina in Thomasville.
By Joe AdlerApril 9 -
The Federal Deposit Insurance Corp. sold the operations of the $585 million-asset Beach First National Bank in Myrtle Beach, S.C., to Bank of North Carolina in Thomasville.
By Joe AdlerApril 9 -
The FDIC rebuts an op-ed piece on resolution authority; the ICBA steps up its campaign to end "too big to fail"; a truly lights-out performance by Alan Greenspan.
By Joe Adler and Donna BorakApril 9 -
The Federal Deposit Insurance Corp.'s board is set to meet Tuesday to discuss premiums, the agency's temporary liquidity guarantee and large-bank reporting.
By Joe AdlerApril 8 -
A poll commissioned by a Republican communications firm said that less than half of respondents support financial regulatory reform.
By Joe AdlerApril 8 -
Three banks on the island holding more than $20 billion of assets are in trouble, and the agency has to resolve them without causing problems for the seven other institutions in the market.
By Joe AdlerApril 7 -
The Federal Housing Administration announced regulations Monday that will require a higher net worth from participating lenders and require mortgage brokers to seek sponsorship from approved lenders before originating loans.
By Joe AdlerApril 5 -
As the distressed-asset market begins to stabilize, the Federal Deposit Insurance Corp. is shaking up the way it handles failed banks and their assets.
By Joe AdlerApril 2 -
As the distressed-asset market begins to stabilize, the Federal Deposit Insurance Corp. is shaking up the way it handles failed banks and their assets.
By Joe AdlerApril 1 -
Former staffer for Barney Frank draws his ire after taking a job with derivatives company; GOP Rep attacks Dodd, then apologizes; OTS loses a director; and more.
April 1 -
A special Federal Deposit Insurance Corp. committee will meet Thursday to discuss transaction savings products for low- and moderate-income customers.
By Joe AdlerMarch 30 -
President Obama signed legislation Tuesday that takes private lenders out of the business of making federal student loans.
By Joe AdlerMarch 30 -
Federal Deposit Insurance Corp. Chairman Sheila Bair on Monday reiterated support for charging large banks a fee to help fund future takeovers of systemically important institutions.
By Joe AdlerMarch 29 -
Congress put its final seal late Thursday on ending bank subsidies for student loans. After Senate passage earlier in the day, the House revoted to approve the budget reconciliation bill by a vote of 220-207.
By Joe AdlerMarch 28 -
The Federal Deposit Insurance Corp. confirmed Friday that it is no longer providing more than its standard 80% loss coverage to buyers of failed banks.
By Joe AdlerMarch 28 -
Economist regrets disparaging remark of chief Tarp watchdog, Elizabeth Warren; U.S. Chamber of Commerce under fire over anti-financial reform ads; and more.
March 28 - Florida
WASHINGTON — Four more banks failed Friday night totaling $1.2 billion in assets and costing the Federal Deposit Insurance Corp. an estimated $320 million.
By Joe AdlerMarch 28
