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Banking Industry Stays Resilient Amid Economic Challenges

Banking Industry Stays Resilient Amid Economic Challenges

Nov 29, 2023 | Economy News

The American Bankers Association Statement on FDIC’s Quarterly Banking Profile The FDIC’s latest Quarterly Banking Profile indicates that the banking industry remains on firm footing even as economic headwinds persist. Despite the challenges posed by...
FDIC Strengthens Resolution Committee with 2 EU Regulators

FDIC Strengthens Resolution Committee with 2 EU Regulators

Nov 28, 2023 | Economy News

FDIC Strengthens Resolution Committee with 2 EU Regulators The Federal Deposit Insurance Corp. (FDIC) has announced the addition of two European financial regulatory veterans to its Systemic Resolution Advisory Committee. The committee will convene on December 5,...
FDIC Systemic Resolution Advisory Committee Convenes for Meeting Next Week

FDIC Systemic Resolution Advisory Committee Convenes for Meeting Next Week

Nov 28, 2023 | Economy News

The Federal Deposit Insurance Corporation’s (FDIC) Systemic Resolution Advisory Committee (SRAC) is set to convene for a meeting next week. The meeting is scheduled to take place on Tuesday, December 5, 2023, at 9:00 am ET. The SRAC plays a crucial role in...
FDIC Forms Committee to Oversee Workplace Culture and Harassment

FDIC Forms Committee to Oversee Workplace Culture and Harassment

Nov 27, 2023 | Economy News

FDIC Forms Committee to Oversee Workplace Culture and Harassment The Federal Deposit Insurance Corporation (FDIC) has recently announced the formation of a special committee tasked with overseeing workplace culture and addressing any allegations of harassment within...
Regulators Extend Comment Period for Long-Term Debt Requirements

Regulators Extend Comment Period for Long-Term Debt Requirements

Nov 27, 2023 | Economy News

Regulators Extend Comment Period for Long-Term Debt Requirements The Federal Reserve, Federal Deposit Insurance Corp. (FDIC), and Office of the Comptroller of the Currency (OCC) have announced an extension to the comment period for the proposed rule mandating...
FDIC Culture Exposed: Strip Club Invites and Nude Pics, Yet No Consequences

FDIC Culture Exposed: Strip Club Invites and Nude Pics, Yet No Consequences

Nov 26, 2023 | Economy News

An FDIC supervisor reportedly invited staff to a strip club and senior bank examiners texted nude pics to female employees. They’re still employed. The FDIC’s “Toxic Atmosphere” and Allegations of Sexual Harassment The Federal Deposit Insurance...
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