Oct 26, 2023 | Banking News
OCC, Federal Reserve, and FDIC Issue Final Community Reinvestment Act Rule The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (FDIC) have jointly issued a final rule...
Oct 26, 2023 | Banking News
Improving Contracting Practices: Insights from David Tollen’s FDIC Presentation David Tollen, the founder of Tech Contracts Academy, recently had the honor of presenting an AI and Contracting training session for the Federal Deposit Insurance Corporation (FDIC)....
Oct 26, 2023 | Banking News
FDIC Proposes New Governance Standards for Large Depository Institutions The Federal Deposit Insurance Corporation (FDIC) has recently issued a proposed rule and guidelines aimed at improving corporate governance and risk management in large depository institutions....
Oct 26, 2023 | Banking News
The FDIC’s Outdated Structure: A Challenge for Modern Banks Introduction The Federal Deposit Insurance Corporation (FDIC) plays a crucial role in safeguarding the stability and integrity of the US financial system. However, its outdated structure poses...
Oct 25, 2023 | Banking News
FDIC Nears Sale of Seized Signature Bank Assets The Federal Deposit Insurance Corporation (FDIC) is gearing up for the sale of seized assets from Signature Bank. This move comes as part of the FDIC’s ongoing efforts to resolve failed banks and recover funds for...
Oct 25, 2023 | Banking News
Directors Charged with Failure to Submit Company and Personal Income Statements Overview In recent court hearings, two directors have been charged with failing to submit company and personal income statements to the Inland Revenue Board (LHDN) as required by the...
