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FDIC “Missed Opportunities” in First Republic Bank Supervision

FDIC “Missed Opportunities” in First Republic Bank Supervision

Report from the FDIC’s Office of the Inspector General found the agency should have taken earlier action
FDIC Establishes Committee to Oversee Workplace Review

FDIC Establishes Committee to Oversee Workplace Review

The special committee will examine allegations of a toxic workplace culture and sexual harassment
FDIC Votes To Tighten Governance Standards For Large Banks

FDIC Votes To Tighten Governance Standards For Large Banks

The new rules proposed in response to the collapse of several large banks this year
PNC Buys Former Signature Bank Private Equity Loan Book

PNC Buys Former Signature Bank Private Equity Loan Book

Bank has acquired $16.6 billion in loans from the FDIC nearly seven months after Signature’s collapse
Federal Reserve Publishes Guidance For FedNow RFPs

Federal Reserve Publishes Guidance For FedNow RFPs

Market practices have been released to standardize the implementation of instant payments
ABA: FDIC Data Shows Strength of Banking Industry

ABA: FDIC Data Shows Strength of Banking Industry

FDIC data reveals insured institutions reported net income of $70.8 billion for Q2 2023
Customers Bank Buys $631M Venture Loan Portfolio from FDIC

Customers Bank Buys $631M Venture Loan Portfolio from FDIC

Portfolio is understood to have been run by Signature Bank before its collapse
Board Members of Failed Louisiana Bank Face FDIC Bans

Board Members of Failed Louisiana Bank Face FDIC Bans

Action follows former president and CEO Ashton Ryan Jr’s fraud trial earlier this year
FDIC Urged to Improve Loan Program Oversight

FDIC Urged to Improve Loan Program Oversight

Office of Inspector General calls for better data management, communication, and supervision after failings identified
Who’s Paying for SVB and Signature Bank Failures?

Who’s Paying for SVB and Signature Bank Failures?

The FDIC has set out its proposal for how to fund the losses incurred from March’s banking collapses
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