Feb 1, 2024 | Economy News
FDIC’s Changes to Tech Office Questioned by GOP Lawmakers Top Republicans on the House Financial Services Committee are preparing to send a letter to the Federal Deposit Insurance Corp. (FDIC) questioning the agency’s changes to its office of...
Jan 30, 2024 | Economy News
Dive Deposits: It’s simply the FDIC’s turn to be the black sheep Troubles at the Federal Deposit Insurance Corporation The Federal Deposit Insurance Corporation (FDIC) is currently facing a crisis, as allegations of sexual misconduct and a toxic workplace culture have...
Jan 30, 2024 | Economy News
R.I.’s Independence Bank Battles Regulators to Close Doors Introduction Rhode Island’s Independence Bank has found itself in a legal battle with regulatory authorities, as it seeks to close its doors. The bank filed a lawsuit against the Federal Deposit...
Jan 28, 2024 | Economy News
Former FDIC lawyer who once worked in BigLaw pleads guilty in child-exploitation case Details of the Case Mark Black, a former lawyer in the general counsel’s office at the Federal Deposit Insurance Corporation (FDIC), shocked everyone when he pleaded guilty in...
Jan 26, 2024 | Economy News
The Federal Deposit Insurance Corporation (FDIC) recently made public its December enforcement actions, which included a list of orders of administrative enforcement actions taken against banks and individuals. It is important to note that there are no administrative...
Jan 25, 2024 | Economy News
Former FDIC Attorney Admits to Exploiting Children – Shocking Guilty Plea In a shocking turn of events, a former Federal Deposit Insurance Corp. (FDIC) attorney has pleaded guilty to charges of conspiring to sexually exploit children. Mark Black, who worked for...
