Industry representatives contend that the FDIC’s actions lack a clear demonstration of harm, raising concerns about regulatory overreach . Vanguard’s deal with the FDIC underscores the ...
Some advisors to President-elect Donald Trump have reportedly floated several ideas to gut regulations on banks, including one proposal to eliminate the Federal Deposit Insurance Corporation (FDIC).
BlackRock (NYSE:BLK) has been given a new deadline to meet a demand by the Federal Deposit Insurance Corp. (FDIC) to resolve an issue over the oversight of the asset manager’s stakes in banks, ...
The deal was called off suddenly earlier this month. Often, the FDIC will force a so-called shotgun wedding if it thinks insolvency is imminent. Typically, a smaller bank is acquired by a bigger one.
The Federal Deposit Insurance Corporation ( FDIC) will relocate from the Empire State Building to 147,543 square feet at 1166 Avenue of the Americas, Commercial Observer has learned.
(Reuters) -The U.S. Federal Deposit Insurance Corporation has reached a deal with Vanguard that will strengthen the rules under which the investment management giant can take big stakes in large U ...
(Reuters) - The U.S. Federal Deposit Insurance Corporation has told asset manager BlackRock it has until Jan. 10 to accept an agreement that would allow the agency to step up scrutiny of its ...
In a bid to combat those claims, the FDIC also on Friday published a 2022 internal memo, opens new tab detailing how supervisors should assess queries from lenders looking to directly deal in ...