South State Correspondent

MAY 9, 2023

In the wake of regional bank failures, one potential answer to equity shorting and bank runs is having the FDIC increase deposit insurance. The regulators are considering three options: raising the limit above $250k, raising the cap for only certain accounts (such as banks’ business accounts), or eliminating the cap entirely.

FDIC 195

FDIC Regulation Capital Management 195

Perficient

MARCH 10, 2021

.” SNC (pronounced like the candy bar but without the “ers”) stands for the Shared National Credit Program, which, since 1977, has assessed risk in the largest and most complex credits shared by multiple regulated financial institutions. Loan reviews are completed in the first and third calendar quarters each year.

National 309

National Regulation FDIC Retail 309

Jeff For Banks

JANUARY 3, 2012

During the period 2002-07, when loan growth outpaced the ability to fund it, FIs took on more FHLB borrowings and high cost deposits. What made so many in this group take the perp walk to the FDIC? The logic: blow up the balance sheet, eek out incremental profits, and reduce the E. As mostly always the case, it was bad loans.

Capital 87

Capital Atlanta FDIC US 87

FICO

MAY 25, 2023

Home Blog Feed test AI Development Can’t Be Paused—But It Can Be Regulated Since Generative AI is here to stay, ChatGPT’s base grew by 9,900% in 60 days, with 1.8 But it is possible to mitigate further wrongs by regulating artificial intelligence, and I believe effective proposed regulation should start from organizations using AI.

Regulation 52

Regulation San Diego Analytics blockchain 52

CFPB Monitor

JULY 22, 2020

Previously, Acting Comptroller of the Currency Brian Brooks indicated that the OCC expected to partner with the FDIC in developing the OCC’s “true lender” rule. Presumably, we will soon see a proposed “true lender” rule from the FDIC. 2002 WL 1205060 (N.D. In Hudson v. Ace Cash Express, Inc.,

National 78

National Lending Exercises FDIC 78

Jeff For Banks

JUNE 2, 2023

Second, this can be accomplished only if the industry does not have too much influence over its regulators and if the regulators have the ability to hire, train, and retain qualified staff. Third, the regulators need adequate financial resources. My lesson learned to the regulators, read your past lessons learned.

FDIC 60

FDIC Community Bank Regulation Lending 60

Gonzobanker

DECEMBER 19, 2024

Regulation was as burdensome as ever, but most bankers are lighting candles for some relief on this front with the new administration. And here we thought that Check21 was going to kill kiting in 2002. Fraud issues were highlighted by sophisticated breach and ransomware attacks. The Robin-Who?

Fraud 78

Fraud Fintech Marketing Industry 78