Joe Adler has been with the Washington bureau of American Banker since 2006, writing on a variety of topics about the federal government's financial services policy. Before joining American Banker, he worked at newspapers in New England, beginning his career as a sportswriter in Massachusetts.
From the identity of bankers in the 21st century to the regulatory turmoil in Washington to the huge impact of technology on the industry, readers expressed an array of strong opinions about what happened in 2017.
For the first time in nearly nine years, an acquirer of a failed bank agreed to purchase only the institution’s insured deposits, making it likely that some customers will not recoup all of their uninsured funds.
The Federal Deposit Insurance Corp. has forged a pact with the European Union-based entity that handles failed-bank cleanups to share information and collaborate on planning for cross-border resolutions.