Deposit insurance
Explicit deposit insurance is a measure implemented in many countries to protect bank depositors, in full or in part, from losses caused by a bank's inability to pay its debts when due.
FDIC Sues Bank Of America, JPMorgan, Others Over Toxic Mortgage Bonds That ... - Huffington Post
Posted by admin / Under Deposit Insurance
![]() Latin American Herald Tribune | FDIC Sues Bank Of America, JPMorgan, Others Over Toxic Mortgage Bonds That ... Huffington Post The Federal Deposit Insurance Corp., which seized the two banks when they failed, filed the civil lawsuits Friday in federal court. The agency named as defendants banks including Citigroup, JPMorgan Chase, Bank of America, Credit Suisse, Deutsche Bank, ... FDIC Bank Lawsuit Floodgates Ready to Open FDIC Sues on Mortgage-Backed Securities Sold to Failed Banks Community Bank of Broward hit with regulatory order |
Published on Wednesday 23rd of May 2012 12:10:38 AM
Europe Needs Deposit Insurance Scheme, Economist Rajan Says - Fox Business
Posted by admin / Under Deposit Insurance
Europe Needs Deposit Insurance Scheme, Economist Rajan Says Fox Business MILAN – Europe needs an insurance plan for bank deposits that goes beyond national borders to head off bank runs fueled by fears of a change in currency, University of Chicago economist Raghuram Rajan said Tuesday. The scheme will need to be backed by ... |
Published on Wednesday 23rd of May 2012 12:10:38 AM
Deposit insurance a positive for euro zone - Fitch - Reuters
Posted by admin / Under Deposit Insurance
Deposit insurance a positive for euro zone - Fitch Reuters LONDON May 22 (Reuters) - Any pooling of liability in the banking system through a euro zone wide deposit insurance scheme would be viewed as a positive by Fitch, the ratings agency told Reuters on Tuesday. "It would be encouraging. |
Published on Wednesday 23rd of May 2012 12:10:38 AM
FDIC closes small bank in Alabama - Philadelphia Inquirer
Posted by admin / Under Deposit Insurance
![]() Latin American Herald Tribune | FDIC closes small bank in Alabama Philadelphia Inquirer The Federal Deposit Insurance Corp. said Friday that it closed Alabama Trust Bank NA in Sylacauga. The bank had about $51.6 million in assets and $45.1 million in deposits as of March 31. Southern States Bank, based in Anniston, Ala., agreed to take ... Alabama Trust is year's 24th US bank failure Alabama Trust Bank closes-FDIC |
Published on Wednesday 23rd of May 2012 12:10:38 AM
PDIC starts paying small EIB depositors - Inquirer.net
Posted by admin / Under Deposit Insurance
PDIC starts paying small EIB depositors Inquirer.net MANILA, Philippines—The Philippine Deposit Insurance Corp. (PDIC) said it would start paying Tuesday small deposits placed in Export & Industry Bank, which the central bank ordered closed last month. In a statement, PDIC said depositors with accounts ... PDIC to start paying Export Bank depositors May 22 PDIC starts paying EIB depositors with P10,000 or below account balances PDIC starts paying Export Bank's small depositors |
Published on Wednesday 23rd of May 2012 12:10:38 AM
FDIC'S Gruenberg: We Could Dismantle Complex Firms Like JP Morgan If Needed - Fox Business
Posted by admin / Under Deposit Insurance
FDIC'S Gruenberg: We Could Dismantle Complex Firms Like JP Morgan If Needed Fox Business "Yes, I think we have the authority to manage that," said Martin Gruenberg, acting chairman of the Federal Deposit Insurance Corp., in response to a question on the sidelines of a financial-industry conference about whether the agency would have the ... |
Published on Wednesday 23rd of May 2012 12:10:38 AM
Congressman accuses feds of targeting Georgia and Texas banks - Florida Times-Union
Posted by admin / Under Deposit Insurance
Congressman accuses feds of targeting Georgia and Texas banks Florida Times-Union Broun said bankers have told him that the Federal Deposit Insurance Corp. will continue to close Georgia banks until only 75 are left. “I don't know why,” he said during a campaign stop Monday. “Maybe because we're a Republican state. |
Published on Wednesday 23rd of May 2012 12:10:38 AM
Regulators Explore Dodd-Frank Powers To Rescue 'Another AIG' - Wall Street Journal
Posted by admin / Under Deposit Insurance
Regulators Explore Dodd-Frank Powers To Rescue 'Another AIG' Wall Street Journal The Federal Deposit Insurance Corporation has begun a series of meetings in which it is working to simulate the failure of a "systemically important financial institution" or SIFI, according to people familiar with the matter. The FDIC is studying what ... |
Published on Wednesday 23rd of May 2012 12:10:38 AM
Avoiding the Next Big Bailout - Wall Street Journal
Posted by admin / Under Deposit Insurance
![]() Wall Street Journal | Avoiding the Next Big Bailout Wall Street Journal The FDIC, known more for its bank deposit insurance, is working to persuade major investors, analysts, economists and bankers that it is building an apparatus that could cleanly guide a massive financial firm to failure without a taxpayer bailout. TEXT-FDIC adds detail to diminishing government support Seized Financial Firms May Keep Doing Business in FDIC Plan FDIC head says strategy for seizing failing firms would aid stability by ... |
Published on Wednesday 23rd of May 2012 12:10:38 AM
FDIC shuts down 5 banks in 4 states, makes 22 US bank failures so far in 2012 - Washington Post
Posted by admin / Under Deposit Insurance
![]() ABC2 News | FDIC shuts down 5 banks in 4 states, makes 22 US bank failures so far in 2012 Washington Post The Federal Deposit Insurance Corp. said Friday that it shuttered Bank of Eastern Shore, in Cambridge, Md., as well as HarVest Bank of Maryland, in Gaithersburg. Regulators also closed Inter Savings Bank in Maple Grove, Minn., Plantation Federal Bank ... Banking regulators shutter five banks across US Regulators Close Banks In Maryland, Minnesota, South Carolina Sonabank Acquires All Deposits and Loans of Gaithersburg-Based HarVest Bank of ... |
Published on Wednesday 23rd of May 2012 12:10:38 AM







Share this!