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Report from the FDIC’s Office of the Inspector General found the agency should have taken earlier action

The special committee will examine allegations of a toxic workplace culture and sexual harassment

The new rules proposed in response to the collapse of several large banks this year

Bank has acquired $16.6 billion in loans from the FDIC nearly seven months after Signature’s collapse

Market practices have been released to standardize the implementation of instant payments

FDIC data reveals insured institutions reported net income of $70.8 billion for Q2 2023

Portfolio is understood to have been run by Signature Bank before its collapse

Action follows former president and CEO Ashton Ryan Jr’s fraud trial earlier this year

Office of Inspector General calls for better data management, communication, and supervision after failings identified

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

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