ACCOUNTING RULES: The Federal Financial Institutions Examination Council gave banks permission to use generally accepted accounting principles on call reports. Expected to be published soon. Effective with March 1997 call reports.

GOLDEN PARACHUTES: The FDIC prohibited troubled banks and thrifts from making "golden parachute" payments to executives who resign. The new regulation is a less stringent version of rules initially proposed in 1990. Published Feb. 15. Effective April 1.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.