FDIC | FinReg21|Reforming Financial Services Regulation in the 21st Century

FDIC could seek bailout from banks

Tuesday 22 September 2009 21:19 | Managing Editor | 592 comments

WASHINGTON - Regulators have approached big banks about borrowing billions to shore up the dwindling fund that insures regular deposit accounts.

FDIC’s Bair maintains stance on systemic risk council even after Geithner ‘critique’

Tuesday 04 August 2009 20:55 | Managing Editor | 405 comments

In testimony before the Senate Banking Committee on Tuesday, Sheila Bair renewed her call for a Financial Services Oversight Council to coordinate banking supervision and to be the main monitor for systemic risk.

STATEMENT of JOHN C. DUGAN , August 4

Tuesday 04 August 2009 | John Dugan | 28 comments

STATEMENT of JOHN C. DUGAN COMPTROLLER OF THE CURRENCY before the COMMITTEE ON BANKING, HOUSING, AND URBAN AFFAIRS UNITED STATES SENATE August 4, 2009

Two Senators introduce bill giving FDIC authority to wind down bank holding companies

Thursday 30 July 2009 22:33 | Managing Editor | 415 comments

Two Senators introduced legislation today giving the FDIC authority to resolve, or wind down, bank holding companies, which the lawmakers say is an interim step toward addressing broader regulatory reform.

The FDIC and Troubled Banks: Is the Door Still Open for Private Equity?

Thursday 30 July 2009 | Arthur S. Long | 58 comments

The most commonly articulated solution to the weakness in the U.S. banking sector has been a call for more capital. In early July, the Federal Deposit Insurance Corporation, the agency charged with resolving troubled banks and savings associations, issued a policy statement relating to private capital investors.

How to Charge for Deposit Insurance

Monday 06 July 2009 | Viral Acharya | 61 comments

Bold plans are being proposed for resolving the distress of systemically risky institutions. Yet, one omission is striking even at the blueprint stage: There is little recognition, if any, that a large number of explicit guarantees—in effect, subsidies—still exist for the financial sector.

BIS warns about the need to repair bank balance sheets

Monday 29 June 2009 22:24 | Managing Editor | 270 comments

Even though the worst of the financial crisis may be over, there is still a need to clear banks’ balance sheets of toxic assets so that they can resume normal lending and not hobble the economic recovery, the Bank for International Settlements said.

Two financial regulators receive Profile in Courage award

Monday 18 May 2009 22:28 | Managing Editor | 250 comments

Profile in Courage Awards were awarded to Sheila Bair, current chairman of the Federal Deposit Insurance Corp. and Brooksley Born, former chairman of the Commodity Futures Trading Commission.

Industry worried about political backlash in public-private partnership

Monday 13 April 2009 20:15 | Managing Editor | 228 comments

A top financial industry group supported the objectives of the government’s Public-Private Investment Program to remove toxic assets from banks’ balance sheets, but warned that some terms had to be ironclad before the private sector would feel safe in taking part.