Claim deposit insurance by Mar 2013: RBI - Zee News
Posted by admin / Under Deposit Insurance
 Zee News | Claim deposit insurance by Mar 2013: RBI Zee News Mumbai: Holders of two joint accounts in cooperative banks that failed before April 2007 have been given time till the end of this financial year to claim deposit insurance from DICGC, a subsidiary of RBI. "The benefit of the revised guidelines dated ... |
Published on Tuesday 15th of May 2012 07:19:07 PM
JPMorgan's Trades Probed by U.S. National Bank Agency After Loss - San Francisco Chronicle
Posted by admin / Under Deposit Insurance
 Firstpost | JPMorgan's Trades Probed by U.S. National Bank Agency After Loss San Francisco Chronicle JPMorgan Chase Bank NA's deposits are insured by the Federal Deposit Insurance Corp. The bank used a new model for calculating its trading risk in the first quarter that Chief Executive Officer Jamie Dimon, 56, said was inadequate. Big Banks Issue New Stress Test Guidance The real lesson from JPMorgan Regulators clarify expectations for stress testing by community banks |
Published on Tuesday 15th of May 2012 07:19:07 PM
JP Morgan is too-big-to-regulate, critics say - MarketWatch
Posted by admin / Under Deposit Insurance
JP Morgan is too-big-to-regulate, critics say MarketWatch “They are too big to regulate,” Sheila Bair, chairwoman of the Federal Deposit Insurance Corp. between 2006 and 2011, told MarketWatch. “Regulators would be better to focus on simple rules that rely on incentives like capital and risk retention and ... |
Published on Tuesday 15th of May 2012 07:19:07 PM
FDIC Counsel Krimminger Leaving to Join Washington Law Firm - Bloomberg
Posted by admin / Under Deposit Insurance
FDIC Counsel Krimminger Leaving to Join Washington Law Firm Bloomberg Federal Deposit Insurance Corp. General Counsel Michael Krimminger, a senior adviser to former Chairman Sheila Bair during the 2008 financial crisis, is leaving the agency to become a partner in the law firm of Cleary Gottlieb Steen & Hamilton in ... FDIC's General Counsel Announces Resignation FDIC General Counsel to Leave for Cleary Gottlieb in June FDIC announces departure of general counsel |
Published on Tuesday 15th of May 2012 07:19:07 PM
FRATERNITY COMMUNITY BANCORP INC - 10-Q - Management's Discussion and Analysis ... - Insurance News Net (press release)
Posted by admin / Under Deposit Insurance
FRATERNITY COMMUNITY BANCORP INC - 10-Q - Management's Discussion and Analysis ... Insurance News Net (press release) We are subject to extensive regulation, examination and supervision by the Office of the Comptroller of the Currency , our primary federal regulator, and the Federal Deposit Insurance Corporation , our deposit insurer. The Company and the Bank maintain ... |
Published on Tuesday 15th of May 2012 07:19:07 PM
Sonabank Closes Bulk Sale of Non-Performing Loans Purchased in the HarVest ... - MarketWatch (press release)
Posted by admin / Under Deposit Insurance
Sonabank Closes Bulk Sale of Non-Performing Loans Purchased in the HarVest ... MarketWatch (press release) ... a subsidiary of Southern National Bancorp of Virginia Inc. (NASDAQ:SONA) , announced today that subsequent to assuming all of the deposits and certain assets of HarVest Bank of Maryland ("HarVest") from the Federal Deposit Insurance Corporation ... Sonabank of Va. Unloads Loans Acquired from Failed Bank |
Published on Tuesday 15th of May 2012 07:19:07 PM
Cavite rural bank execs charged for 'misusing' P748-M - Inquirer.net (blog)
Posted by admin / Under Deposit Insurance
Cavite rural bank execs charged for 'misusing' P748-M Inquirer.net (blog) By Michelle V. Remo MANILA, Philippines—The Philippine Deposit Insurance Corp. has filed a syndicated estafa case against officials of a closed rural bank in Cavite for allegedly stealing P748 million worth of deposits. In a statement, PDIC said the ... PDIC files case vs Cavite bank execs for misusing P748M PDIC files syndicated estafa case vs GMA Rural Bank (Cavite) owners, officers Officials of Cavite bank sued |
Published on Tuesday 15th of May 2012 07:19:07 PM
Avoiding the Next Big Bailout - Wall Street Journal
Posted by admin / Under Deposit Insurance
 Wall Street Journal | Avoiding the Next Big Bailout Wall Street Journal The FDIC, known more for its bank deposit insurance, is working to persuade major investors, analysts, economists and bankers that it is building an apparatus that could cleanly guide a massive financial firm to failure without a taxpayer bailout. FDIC head outlines strategy for seizing banks TEXT-FDIC adds detail to diminishing government support FDIC to Let Foreign Affiliates Operate During U.S. Resolutions |
Published on Tuesday 15th of May 2012 07:19:07 PM
Sheila Bair, Others Wonder If JP Morgan Is Too Big To Regulate - Fox Business
Posted by admin / Under Deposit Insurance
 The Guardian | Sheila Bair, Others Wonder If JP Morgan Is Too Big To Regulate Fox Business "They are too big to regulate," Sheila Bair, chairman of the Federal Deposit Insurance Corp. between 2006 and 2011, told MarketWatch. "Regulators would be better to focus on simple rules that rely on incentives like capital and risk retention and even ... JP Morgan Debacle Shows Deep Systemic Risk Unchanged |
Published on Tuesday 15th of May 2012 07:19:07 PM
Dick Bove: No Reason to Break Up Big Banks - CNBC.com
Posted by admin / Under Deposit Insurance
 CNBC.com | Dick Bove: No Reason to Break Up Big Banks CNBC.com It has $1.1 trillion worth of deposits,” he said. “That means there's $1.2 trillion of wholesale-funded assets, which are used to do this trading. There are no taxpayer dollars involved.” Bove also dismissed the idea that FDIC-insured deposits were ... Former FDIC Chief: Several Banks 'Too Big to Fail' |
Published on Tuesday 15th of May 2012 07:19:07 PM
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