Feb 3, 2024 | Banking News
FDIC Going ‘Backwards’ On Innovation, GOP Lawmakers Say Introduction Republican lawmakers have recently voiced concerns and criticism over the Federal Deposit Insurance Corp. (FDIC) for scaling back on its Trump-era innovation unit. The move has sparked...
Feb 3, 2024 | Banking News
New York City has filed a lawsuit against the Federal Deposit Insurance Corporation (FDIC) in an effort to recover over $7 million in taxes owed by First Republic Bank. The city alleges that the bank understated its rent and income taxes for multiple years, resulting...
Feb 2, 2024 | Banking News
FDIC Tech Lab Under Scrutiny: Lawmakers Demand Answers Lawmakers Express Concern over FDIC’s Decision In a recent letter to the Federal Deposit Insurance Corporation (FDIC), three members of the House Financial Services Committee raised concerns regarding the...
Feb 2, 2024 | Banking News
Aaron’s Financial Performance: A Brief Overview of Its Income Statement Aaron’s is a well-known company in the retail industry, specializing in lease-to-own furniture, electronics, appliances, and other household items. Understanding the financial performance of...
Feb 2, 2024 | Banking News
Mastering Leadership Through Training: FDIC 2024 Preview The FDIC (Federal Deposit Insurance Corporation) is a government agency that provides protection to depositors and promotes stability in the banking system. As part of its mission, the FDIC offers various...
Feb 2, 2024 | Banking News
FDIC Issues List of Banks Examined for CRA Compliance in November 2023 Washington, February 2, 2024 – The Federal Deposit Insurance Corporation (FDIC) has recently released its list of state nonmember banks that were evaluated for compliance with the Community...