Dec 21, 2023 | Banking News
FDIC Adopts New Rules to Combat Crypto Misconduct! Introduction The Federal Deposit Insurance Corporation (FDIC) has recently put in place a set of new regulations aimed at tackling misconduct in the cryptocurrency industry. These rules, which govern the use of FDIC...
Dec 21, 2023 | Banking News
Silicon Valley Bank Sues FDIC Over $1.9B in ‘Unlawful’ Holdback In a dramatic turn of events, the bankrupt former parent company of Silicon Valley Bank, a renowned financial institution, has taken legal action against the Federal Deposit Insurance Corp....
Dec 20, 2023 | Banking News
FDIC Finalizes Official Signs for Insured Institutions, Hinting at Crypto Firms The Federal Deposit Insurance Corporation (FDIC) has recently announced the enhancement of its official signs for insured institutions, in a move aimed at ensuring insurance coverage for...
Dec 20, 2023 | Banking News
FDIC Adopts Final Rule on Signage to Safeguard Deposit Insurance The Federal Deposit Insurance Corporation (FDIC) has unanimously voted in favor of a final rule that aims to modernize the requirements for displaying the official FDIC sign in banks and bank digital...
Dec 20, 2023 | Banking News
FDIC Sells More Signature Bank Loans in Deal Valued at 61.1 Percent of Par Introduction The Federal Deposit Insurance Corporation (FDIC) recently announced the sale of Signature Bank loans at a significant discount of 61.1%. This deal, valued at 61.1 percent of par,...
Dec 20, 2023 | Banking News
FDIC Approves 2024 Operating Budget and Advertising Regulations The Federal Deposit Insurance Corporation (FDIC) recently held its Board of Directors meeting to discuss important matters, including the approval of the 2024 FDIC Operating Budget and the finalization of...
