Jan 24, 2024 | Economy News
FDIC Issues Cease and Desist Letters to 5 Entities for Making False or Misleading Representations Regarding Deposit Insurance On Jan. 19, 2024, the Federal Deposit Insurance Corporation (FDIC) took decisive action by issuing cease and desist letters to five entities...
Jan 24, 2024 | Economy News
Senior FDIC Attorney Pleads Guilty to Child Exploitation Introduction In a shocking turn of events, a prominent senior attorney at the Federal Deposit Insurance Corporation (FDIC) has been found guilty of child exploitation. The attorney, whose name has been withheld...
Jan 23, 2024 | Economy News
Former high-ranking FDIC attorney Mark Black has pleaded guilty in a shocking child exploitation case. Black, who also served as the president of the board of the Arlington Aquatic Club, is now facing a mandatory minimum prison sentence of 15 years. Mark Black, 50,...
Jan 23, 2024 | Economy News
FDIC Closing in on Implementing the Fair Hiring in Banking Act With Proposed Regulations for Section 19 The Federal Deposit Insurance Corporation (FDIC) is making significant progress in reforming banking hiring practices with the imminent implementation of the Fair...
Jan 22, 2024 | Economy News
In a move that recognizes the challenges faced by banks during the ongoing economic uncertainties, federal regulators have granted an extension for the submission of their latest crisis-resolution plans, commonly known as “living wills,” to Truist and 14...
Jan 19, 2024 | Economy News
Federal Regulators Extend ‘Living Will’ Deadline for Truist and Other Banks Amid Proposed Debt Rule Overhaul Charlotte-based Truist is among 15 banks to receive a deadline extension for their latest crisis-resolution plans as federal regulators consider...
