Remove 2024 Remove FDIC Remove Risk Management
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AI Regulations for Financial Services: CFTC and FDIC

Perficient

CFTC The Commodity Futures Trading Commission’s (“CFTC”) which regulates derivatives market activity, not particular technologies, issued in January 2024 a Request For Comment on current and potential uses and risks of AI in CFTC-regulated derivatives markets. However, in 2024 the FDIC reduced its public-facing role.

FDIC 221
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Acquisition and integration considerations for banks in 2024

Abrigo

Account for the details before your FDIC bank acquisition Consider these tips for assessing your institution and a to-be-acquired institution for a smooth integration You might also like this webinar, "Valuation and purchase accounting: Navigating the changing M&A landscape."

FDIC 195
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Loan Hedging for Community Banks in 2024

South State Correspondent

The market expects the current inverted yield curve to remain through much of 2024 (based on long-term interest rates and the expected rate cuts in 2024). This article will discuss how national, regional, and community banks may use loan hedging programs in 2024 to face earnings challenges. Only 304 banks (or 6.7%

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Managing interest rate risk in 2024: Strategies for community banks

Abrigo

Navigating interest rate management in today's environment As regulators focus on interest rate risk management, read about what financial institutions can do to be ready for a rate drop. You might also like this on-demand webinar, "Navigating uncertain times: Strategies for effective risk management and compliance."

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Decoding SVB’s Failure & FDIC’s Special Assessment

Perficient

In various press releases, the Federal Deposit Insurance Corporation (FDIC) has highlighted that an estimated $16.3 Commencing with the first quarterly assessment period of 2024 (i.e., January 1 through March 31, 2024), larger banks will be expected to remit payments by June 28, 2024.

FDIC 221
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If You Are Tired of Being Transactional, You Need A Hedge Program

South State Correspondent

Loan-level hedging has become an important tool that many community banks have started to adopt in 2024. Second, the hedge provider must be an FDIC insured institution and structure its hedges as a qualified financial contract (QFC). Community banks do this profitably by turning transactional accounts into relationships.

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If You Are Tired of Being Transactional, You Need A Hedge Program

South State Correspondent

Loan-level hedging has become an important tool that many community banks have started to adopt in 2024. Second, the hedge provider must be an FDIC insured institution and structure its hedges as a qualified financial contract (QFC). Community banks do this profitably by turning transactional accounts into relationships.