Joe Adler is the former Washington Bureau Chief of American Banker.
-
As it implements Dodd-Frank regime for resolving systemically important firms, the FDIC must ensure creditors receive at least as much as they would in a Chapter 7 proceeding.
By Joe AdlerOctober 30 -
Acting Federal Deposit Insurance Corp. Chairman Martin Gruenberg is leaving his post at the helm of a group that sets standards for deposit backers around the world.
By Joe AdlerOctober 25 -
A private-sector analysis of the implementation of the Dodd-Frank resolution facility outlines several tasks the FDIC needs to complete before it's ready for the next crisis.
By Joe AdlerOctober 24 -
Three banks failed Friday – including two in Florida – and will cost the Federal Deposit Insurance Corp. an estimated $86 million. Regulators seized the $200 million-asset Excel Bank in Sedalia, Mo.; the $159 million-asset GulfSouth Private Bank in Destin, Fla.; and the $67 million-asset First East Side Savings Bank in Tamarac, Fla.
By Joe AdlerOctober 19 -
With the growing prevalence of card products such as Walmart's Bluebird, the availability and disclosure of the types of safeguards against loss of customer funds is fast becoming a hot topic.
By Joe AdlerOctober 19 -
Mid-sized banks will enjoy more time to comply with stress tests required under Dodd-Frank, while the FDIC simplifies large banks' reporting requirements under agency's deposit insurance assessment scheme.
By Joe AdlerOctober 9 -
Federal regulators on Tuesday finalized measures requiring annual stress tests for all medium- and large-sized banks.
By Joe AdlerOctober 9 -
New Vanity Fair profile recounts how New England Patriots quarterback Tom Brady called JPMorgan Chase CEO Jamie Dimon with inspiring words during a trying time.
By Joe AdlerOctober 5 -
The FDIC and Federal Reserve used special authority to require the two companies to draft 'living wills' outside the schedule used for other firms.
By Joe AdlerOctober 4 -
Small-bank executives sound call for stronger firewalls between financial activities, but many say a straight return to the Depression-era law could have unintended consequences, including to their own business.
By Joe AdlerOctober 3 -
The FDIC's board of directors will meet Oct. 9 to discuss stress-testing requirements mandated under the Dodd-Frank Act, as well as some tweaks to how the agency charges large-bank premiums.
By Joe AdlerOctober 2 -
After the filing of a civil complaint alleging fraud in Bear Stearns' mortgage-backed securities operation, New York Attorney General Eric Schneiderman says he expects more cases to come.
By Joe AdlerOctober 2 -
Although American Express received lighter fines than the two previous credit card players targeted by the Consumer Financial Protection Bureau, many believe the CFPB’s third enforcement action is its biggest statement yet.
By Kate Davidson and Joe AdlerOctober 1 -
Although American Express received lighter fines than the two previous credit card players targeted by the Consumer Financial Protection Bureau, many believe the CFPB's third enforcement action is its biggest statement yet.
By Joe Adler and Kate DavidsonOctober 1 -
In a rare coordinated effort Monday, all three federal banking agencies, the CFPB and the state regulator in Utah announced more than $112 million in enforcement penalties against American Express for card practices that allegedly violated a range of consumer protection laws.
By Joe Adler and Kate DavidsonOctober 1 -
A Virginia man allegedly impersonated a CIA official in an effort to recruit accomplices in a scheme to extort money from three banks.
By Joe AdlerSeptember 28 -
While criticizing big bank bailouts, the former FDIC chairman highlights instances where small firms — including United Commercial Bank and ShoreBank — were closed even with alternatives available.
By Joe AdlerSeptember 26 -
WASHINGTON — The Federal Deposit Insurance Corp. on Wednesday named agency veteran John Vogel as the regional director in its New York office.
By Joe AdlerSeptember 26 -
The Federal Deposit Insurance Corp. announced a new system Tuesday for classifying violations of consumer-protection rules that the agency spots during exams.
By Joe AdlerSeptember 25 -
While legal experts still question the suit now taken up by Michigan, Oklahoma and South Carolina, their participation helps to build momentum in the legal fight over Dodd-Frank.
By Joe AdlerSeptember 21

