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Tag Archives: FDIC

FDIC implements big bank stress tests

The Federal Deposit Insurance Corp. has issued its final rules implementing stress test provisions required by the Dodd-Frank Wall Street Reform and Consumer Protection Act for banks with at least $10 billion in assets. Banks with more than $50 billion ...

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US bank earnings rose 21 percent in 2Q, lending up

WASHINGTON — U.S. bank earnings rose 21 percent in the April-June quarter and lending to consumers increased, adding to evidence that the industry is strengthening four years after the financial crisis. The Federal Deposit Insurance Corp. said Tuesday that the ...

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FDIC: Bank earnings hit highest level in 4 years

WASHINGTON — Bank earnings rose over the summer to their highest level in more than four years, while the number of troubled banks fell for the second straight quarter, federal regulators reported Tuesday. The Federal Deposit Insurance Corp. said the ...

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FDIC: Bank earnings hit highest level in 4 years

WASHINGTON — Bank earnings rose over the summer to their highest level in more than four years, while the number of troubled banks fell for the second straight quarter, federal regulators reported Tuesday. The Federal Deposit Insurance Corp. said the ...

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FDIC backs ban on banks trading for own profit

WASHINGTON — Banks would be barred from trading for their own profit instead of their clients under a rule being proposed by federal regulators. The Federal Deposit Insurance Corp. backed the rule on a 3-0 vote. The ban on so-called proprietary trading was required under last year’s financial overhaul law.

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Large US banks must report to regulators

WASHINGTON — The largest U.S. banks will be required to show regulators how they would break up and sell off their assets if they are in danger of failing. The Federal Deposit Insurance Corp. voted 3-0 to approve the rules ...

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Bair says agreement kept FDIC from saving WaMu

WASHINGTON — Federal Deposit Insurance Corp. chairman Sheila Bair is denying that the FDIC could have done more to prevent the largest bank failure in U.S. history.

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