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Takeaways From the FDIC’s Spring 2024 Consumer Compliance Supervisory Highlights | JD Supra
JD Supra· 16 hours agoThe FDIC supervises approximately 3,000 state-chartered banks and thrifts that are not members of the Federal Reserve System. Most of these institutions are community banks ...
The FDIC is a 'boys club' where some senior execs pursued romantic relationships with their staff,...
Business Insider· 5 days agoThe Federal Deposit Insurance Corporation has a "patriarchal" culture, an independent report says....
FDIC chief facing pressure to resign after scathing report
The Hill via AOL· 5 days agoTop banking regulator Martin Gruenberg is facing pressure to resign after a savage report about the...
Distrust in FDIC leadership drives more staff to consider exits, data shows
Reuters via Yahoo Finance· 5 days agoStaff trust in the Federal Deposit Insurance Corporation's leadership has fallen sharply to well...
Abuses documented in FDIC sexual misconduct report unacceptable, Yellen says
Reuters via Yahoo News· 6 hours agoFederal Deposit Insurance Corporation were totally unacceptable and not in line with the Biden...
How Can You Insure Deposits Over the FDIC Limit?
Investopedia· 16 hours agoThe Federal Deposit Insurance Corp. (FDIC) provides coverage for eligible bank accounts up to $250,000, but if you need more than that, there are several...
Why Biden Must Fire the Head of the FDIC
New Republic· 5 days agoThe FDIC-commissioned independent investigation, conducted by the law firm Cleary Gottlieb Steen & Hamilton, confirms that sexual harassment at the...
FDIC’s Gruenberg faces amplified calls to quit
Banking Dive via Yahoo Finance· 4 days ago“It’s time for Chairman Gruenberg to resign so the FDIC can move forward with the leadership it deserves and desperately needs to ensure employees and...
A 100-year CD brings new meaning to the concept of long-term investing. Is it a good idea?
USA TODAY via Yahoo Finance· 4 hours agoCertificate of Deposit (CD) paying a fixed 4.75% annual interest rate. The CD is open to anyone with $1,000 and up to $150,000 to invest and is Federal Deposit Insurance Corp (FDIC& ...
Key Democrat backs embattled US FDIC chief amid harassment scandal
Reuters via Yahoo News· 4 days agoRepublican lawmakers since November have angrily called for FDIC Chair Martin Gruenberg to resign in...