News & Analysis as of

Federal Deposit Insurance Corporation Hiring & Firing Office of Personnel Management (OPM)

The Federal Deposit Insurance Corporation is a United States federal agency created in 1933 in response to widespread bank failures in the 1920s and early 1930s.  The FDIC's mission is to maintain... more +
The Federal Deposit Insurance Corporation is a United States federal agency created in 1933 in response to widespread bank failures in the 1920s and early 1930s.  The FDIC's mission is to maintain stability and consumer confidence in the United States banking system by insuring deposits, monitoring the health of financial institutions and managing receiverships.  less -
Orrick, Herrington & Sutcliffe LLP

FDIC reportedly orders employees to return to office

On February 27, the FDIC reportedly ordered all employees to return to the office by the end of March, with few exceptions, as part of a workforce reduction plan. According to an all-staff email from Daniel H. Bendler, the...more

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