Browsing: FDIC

Key insight: The FDIC rescinded guidance that warning banks that charging multiple nonsufficient-funds fees for the same transaction could be considered unfair or deceptive under the…

Key insight: FDIC-insured bank-affiliated issuers must fully back stablecoins, report monthly on reserves.Supporting data: No more than 40% of reserves may sit at a single custodian.Forward…

Key insight: The Office of Inspector General says the Federal Deposit Insurance Corp. lost 20% of its staff in 2025, potentially stretching its supervision and crisis…

Key insight: First Citizens made its first payment on a $35 billion debt to the FDIC connected with its Silicon Valley Bank acquisition in 2023.Expert quote:…

Key Insight: The Federal Deposit Insurance Corp. is restructuring its supervisory appeals process to mandate one member of the three-member review panel have banking experience and…

Key insight: Plaid’s new hire signals strategic regulatory engagement with banks and policymakers.Expert quote: McWilliams argues that technology strengthens the financial system and broadens consumer choice.Forward…

Key insight: Under Chair Travis Hill, the FDIC has undergone a sweeping deregulatory and institutional reset, rolling back Biden-era rules, accelerating mergers and charters, embracing fintech and…

Key insight: Travis Hill was confirmed by the Senate as part of an en blanc nominations package Thursday night. Forward look: Hill is expected to continue tailoring…

The Federal Deposit Insurance Corporation on Tuesday approved a deposit insurance application for Erebor Bank, a de novo national bank founded by Palmer Luckey, founder of…

Key insight: The Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. rescinded a 2013 interagency leveraged lending guidance, but left the door…