Joe Adler

WASHINGTON — Following the extended failure wave and deficit in federal reserves, the Federal Deposit Insurance Corp. sounded decidedly more hopeful Tuesday about its future.

The Federal Deposit Insurance Corp. said Tuesday estimated failure costs over the five-year period from 2010 through 2014 are expected to total $45 billion, a $7 billion decrease from the agency's projection in October.

While a slowdown in failures is consistent with an improving economy, and the FDIC says 2010 was a peak year for the recent crisis, many say there are still plenty of failures ahead.

The OCC closed the $187 million-asset Western Springs National Bank and Trust in Illinois Later, state regulators closed the $145 million-asset Nevada Commerce Bank.

The OCC closed the $187 million-asset Western Springs National Bank and Trust in Illinois Later, state regulators closed the $145 million-asset Nevada Commerce Bank.

Community bankers have successfully convinced the FDIC to accept enhanced disclosures as an appropriate method to treat customers that often incur overdraft fees.

WASHINGTON — The Federal Deposit Insurance Corp. is expected Tuesday to propose new capital requirements for certain swap participants, as well as guidelines for adjusting the premiums of large banks.

Left unchanged for two decades, the definition of brokered deposits is about to receive an update — one that could significantly alter the regulatory landscape for many small banks.

Charlie Sheen is the new director of the CFPB - April Fool's; banking lawyer plays script consultant for financial crisis-based film; former Freddie Mac attorney joins MBA; and more.

Although regulators proposed new standards Tuesday for firms to plan their own wind-downs, they made clear that the guidelines — and companies' initial compliance with them — are meant to be just the start of crisis planning.

Even as they formally released the risk retention plan, regulators started to defend parts of it, including an exemption for conservatively underwritten mortgages.

One of the most important pieces of the Dodd-Frank Act — regulators' risk retention proposal — is set to start falling into place Tuesday. Following is a guide to the plan.

The Bank of Commerce in Wood Dale, Ill., became the nation's 26th failed bank of the year late Friday.

WASHINGTON — The Bank of Commerce in Wood Dale, Ill., became the nation's 26th failed bank of the year late Friday.

The time Sheila Bair nearly started a bank run; Kansas City Fed chief Thomas Hoenig to retire; Obama top adviser William Daley out of the running as CFPB chief.

The Federal Deposit Insurance Corp. will no longer apply a rate just to an institution's domestic deposits, instead capturing the entire funding base.

WASHINGTON — The Supreme Court shot down Monday an attempt by large banks to stop news organizations from accessing details about their Federal Reserve Board borrowings.

The FDIC sued three top executives of Washington Mutual, alleging their actions in the bank's mortgage lending operations helped cause the biggest failure in U.S. history.

Although Selia Bair and the ABA have often been at loggerheads over regulatory reform, the distance between them was never more apparent than during her last address to the group.

The Federal Deposit Insurance Corp. gave the most concrete picture yet of how one day it will seize and clean up a giant firm.