FDIC Implements Special Assessment for Systemic Risk

FDIC Implements Special Assessment for Systemic Risk

The Federal Deposit Insurance Corporation (FDIC) has recently implemented a special assessment to address the potential risks posed by certain financial institutions. This assessment aims to recover the loss to the Deposit Insurance Fund (DIF) resulting from the...
PNC to Pay Over $500M in FDIC Special Assessment

PNC to Pay Over $500M in FDIC Special Assessment

PNC Expects Its FDIC Special Assessment to Top $500M FDIC Aims to Recover $16.3 Billion via Special Assessment on Largest Banks PNC, one of the largest banks in the United States, is set to pay over $500 million in a special assessment imposed by the Federal Deposit...