Federal Deposit Insurance Corporation

Type: Organization

Name: Federal Deposit Insurance Corporation

First reported 51 mins ago - Updated 51 mins ago - 1 reports

FDIC announces personnel changes

The FDIC announced a number of personnel changes on Monday, including the retirement of James Wigand, the director of the FDIC’s complex financial institutions office.Wigand, who has spent 32 years in federal service, will serve in the chairman’s office ... [Published BankCreditNews.com - 51 mins ago]

Entities: Federal Deposit Insurance Corporation, Diane Ellis, FINANCIAL RISK, Federal Service, Risk Management

First reported 5 hours ago - Updated 5 hours ago - 1 reports

FDIC and Canada’s Deposit Insurance Corporation Sign Memorandum of Understanding

On June 12, the Federal Deposit Insurance Corporation (FDIC) announced the signing of a memorandum of understanding (MOU) with the Canada Deposit Insurance Corporation (CDIC) that “formalizes and strengthens cross-border cooperation in the event of the ... [Published JD Supra - 5 hours ago]

Entities: Federal Deposit Insurance Corporation, Memorandum of Understanding, Canada, Canada Deposit Insurance Corporation

First reported 7 hours ago - Updated 7 hours ago - 1 reports

Contributor Content | Advance to Go: Winning with Gamification

Almost everyone has experienced ‘death by PowerPoint’ at some point in his or her career. By the time the lights turn on, you realize you haven’t retained much of the material presented and are even more challenged to put it into action.Millennials, raised ... [Published Wired News - 7 hours ago]

Entities: Gamification, Federal Deposit Insurance Corporation, Microsoft PowerPoint, government agencies

First reported 14 hours ago - Updated 14 hours ago - 1 reports

FDIC Sues Advanta Bank Execs for $219 Million

(CN) - The FDIC sued two directors of the failed Advanta Bank for $219 million, claiming they ruined the bank by blowing off more than 35,000 customer complaints after "increasing credit card interest rates to unprecedented levels" during the financial ... [Published Courthouse News Service - 14 hours ago]

Entities: Federal Deposit Insurance Corporation, Advanta Bk Corp, Attrition

First reported Jun 18 2013 - Updated 17 hours ago - 3 reports

Lawsuit offers a painful look at Advanta's collapse

Dennis J. Alter faces a lawsuit seeking $219 million, along with William A. Rosoff.Travel DealsPeggy Randall, co-owner of a cafe in Hoboken, N.J., cheered the Federal Deposit Insurance Corp.'s effort this week to win $219 million in damages from executives ... [Published Philly.com - 17 hours ago]

Entities: Advanta Corp, Advanta Bk Corp, Federal Deposit Insurance Corporation

First reported Jun 18 2013 - Updated Jun 18 2013 - 1 reports

CFPB, FDIC launch Money Smart for Older Adults program

The CFPB launched last week, in coordination with the FDIC, the Money Smart for Older Adults program, which seeks to raise financial awareness and address issues facing seniors.“With this work, we are building together on the FDIC’s outstanding Money ... [Published BankCreditNews.com - Jun 18 2013]

Entities: Consumer Financial Protection Bureau, Federal Deposit Insurance Corporation, Scam, Richard Cordray, Identity Theft

First reported Jun 18 2013 - Updated Jun 18 2013 - 2 reports

Federal Deposit Insurance Corporation

Sheila Bair’s Biggest Concern: Rapid Interest-Rate Increase

The risk of a rapid rise in interest rates presents the biggest threat to the financial system but regulators may be too distracted with the last crisis to adequately tackle new challenges, warned Sheila Bair, the former chairman of the Federal Deposit ... [Published Washington Wire - Jun 18 2013]

Entities: Sheila Bair, Federal Deposit Insurance Corporation, Threat

First reported Jun 18 2013 - Updated Jun 18 2013 - 1 reports

Federal Judge Rules On Discovery Issues In Failed Bank Action

PANAMA CITY, Fla. - A federal magistrate judge in Florida on June 14 granted the Federal Deposit Insurance Corp.'s motion for entry of protective order relating to discovery in a suit the FDIC brought against the failed Peoples First Community Bank's ... [Published Mealey - Jun 18 2013]

Entities: Federal Deposit Insurance Corporation, Action, First Community Corporation, Magistrate Judge, Panama City (United States)

First reported Jun 18 2013 - Updated Jun 18 2013 - 5 reports

PDIC inks deal with US

In a statement yesterday, the PDIC said it has forged an agreement with the Federal Deposit Insurance Corp. (FDIC) for cross-border cooperation.According to its Web site, the FDIC is an independent agency created by the US Congress, tasked to maintain ... [Published Business World - Jun 18 2013]

Entities: Federal Deposit Insurance Corporation, International Association of Deposit Insurers, US Congress, Globalization

First reported Jun 18 2013 - Updated Jun 18 2013 - 2 reports

FDIC, Canada Deposit Insurance Corp tie-up

The FDIC has worked closely with the CDIC on many issues The Federal Deposit Insurance Corporation announced today the signing of a memorandum of understanding (MOU) with the Canada Deposit Insurance Corporation (CDIC) that formalizes and strengthens ... [Published India Infoline - Jun 18 2013]

Entities: Federal Deposit Insurance Corporation, Canada Deposit Insurance Corporation, Crisis Management, Ottawa

First reported Jun 18 2013 - Updated Jun 18 2013 - 1 reports

FDIC, CFPB Unveil Financial Literacy Tool for Elderly

Money Smart for Older AdultsÂ is designed to be delivered to older adults The Federal Deposit Insurance Corporation (FDIC) and Consumer Financial Protection Bureau (CFPB) last week launched a new financial resource tool, Money Smart for Older Adults, ... [Published India Infoline - Jun 18 2013]

Entities: Federal Deposit Insurance Corporation, Consumer Financial Protection Bureau, Protective Services, Elder Abuse

First reported Jun 18 2013 - Updated Jun 18 2013 - 1 reports

Oklahomans shun banking in droves, FDIC survey says

Oklahoma has one of the highest rates of people who have no relationship with a bank or other financial institution, or who rarely use banks, according an FDIC survey.Banking has never been easier, but that is not enough to convince thousands of Oklahomans ... [Published NewsOK.com - Jun 18 2013]

Entities: Federal Deposit Insurance Corporation, Federal Reserve Bank of Kansas City, Hispanics, African-Americans, Oklahoma City

Quotes

"The Glass-Steagall protections are not outdated,” said Rep. Kaptur. “Wall Street opposed them in the 1930s just as much as they do today. But America desperately needs to restore a secure, dependable, and prudent banking system so we can get on with the job of job creation and protect the American people.”"

Eighty Years After Glass-Steagall, the Need for Reinstatement Is Clear [Published Public Citizen - 4 hours ago]

...impact on consumer access to credit and a vibrant, competitive marketplace," said Debra Still, chairman of the Mortgage Bankers Association (MBA). "We all share the same goal—to strike the right balance between consumer protection and access to credit. If not appropriately modified, this well-intended rule may fail consumers in the most fundamental way.”"

Dodd-Frank Act: Still Attempting to Find Its Way [Published National Mortgage Professional Magazine - 5 hours ago]

"It may be only three or four cases a year, but that may be a good message for the SEC to send" said Solomon Wisenberg, a partner at Barnes & Thornburg LLP

SEC settlement policy may pressure other agencies to toughen up [Published CNBC - 5 hours ago]

"People talk about the humanities and social sciences 'as if they are a waste of time,' said Richard H Brodhead, the president of Duke University and a co-chairman of t he commission that produced the report. 'But this facile negativism forgets that many of the country’s most successful and creative people had exactly this kind of education.'"

You Don’t Need a Tech Degree To Be a Productive Member of Society, Liberal Arts Professors Swear [Published Beta Beat - 8 hours ago]

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