Oct 12, 2023 | Banking News
Crypto companies and FDIC insurance: The truth unveiled If you’re familiar with traditional banking, you’ve probably heard of the Federal Deposit Insurance Corporation (FDIC) and the protection it offers to depositors. FDIC insurance provides a safety net,...
Oct 12, 2023 | Banking News
FTC Reaches Settlement with Crypto Company Voyager Digital; Charges Former Executive with Falsely Claiming Consumers’ Deposits Were Insured by FDIC The Federal Trade Commission (FTC) has recently made significant progress in its efforts to protect consumers in the...
Oct 12, 2023 | Banking News
FDIC Proposes Corporate Governance Standards: Mayer Brown Analysis The Federal Deposit Insurance Corporation (FDIC) has recently proposed new corporate governance standards for financial institutions operating within the United States. As part of their ongoing efforts...
Oct 11, 2023 | Banking News
FDIC Launches Public Campaign to Raise Awareness About Deposit Insurance Increasing Public Awareness of Deposit Insurance The Federal Deposit Insurance Corporation (FDIC) has recently launched a national campaign titled “Know Your Risk. Protect Your...
Oct 11, 2023 | Banking News
Proposed Corporate Governance Standards by FDIC: Strengthening Oversight for Banks The Federal Deposit Insurance Corporation (FDIC) recently proposed new standards for corporate governance and risk management for banks with $10 billion or more in total assets. These...
Oct 11, 2023 | Banking News
When money is free, you squander it,” says former FDIC chair Sheila Bair The importance of higher interest rates for banks Higher interest rates may initially seem like a burden for banks, but in the long run, they are necessary for the stability and profitability of...
