News & Analysis as of September 23, 2024

Federal Deposit Insurance Corporation › Subsidiaries

+ Follow

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 -

Federal Banking Agencies Propose Long-Term Debt Requirements for Large Banks

Jones Day on 10/19/2023

In Short: The Situation: The Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, and Federal Deposit Insurance Corporation (collectively, the "Agencies") have proposed rules...more

FDIC Issues Final Rule for Industrial Bank Application Process

Manatt, Phelps & Phillips, LLP on 1/20/2021

What Happened - On December 15, 2020, the Federal Deposit Insurance Corporation (FDIC) adopted a final rule, effective April 1, 2021, setting forth conditions, commitments, and requirements for the approval of deposit...more

Fintech in Brief: FDIC Signals Pending Decisions on ILC Applications and Proposes New Rules for ILCs and their Parent Companies

Nutter McClennen & Fish LLP on 3/18/2020

On March 17, the FDIC released for public comment a proposed rule for industrial banks and industrial loan companies (together, “ILCs”) and their parent companies and signaled that it is considering two pending ILC...more

Financial Services Weekly News - February 2019

Goodwin on 2/7/2019

Editor's Note - In This Issue. The Board of Governors of the Federal Reserve System (Federal Reserve) released 2019 stress test scenarios and exempted less complex banks with between $100 billion and $250 billion in assets...more

Should Your Bank Consider Eliminating Its Parent Bank Holding Company?

Holland & Knight LLP on 2/6/2018

• After the April 2017 announcement that Bank of the Ozarks in Little Rock, Ark., had decided to eliminate its bank holding company in favor of operating directly through its bank subsidiary, a number of banks have followed...more

Financial Services Weekly News - November 2017 #2

Goodwin on 11/9/2017

Editor's Note - Change at the Fed. As expected, on November 2, President Trump nominated Jerome H. Powell to be Chairman of the Board of Governors of the Federal Reserve System (FRB) for a term of four years beginning...more

Bank Regulators Require Changes To Tax Allocation Agreements

Dickinson Wright on 6/18/2014

Acting in response to divergent results in recent court decisions, the Federal bank regulatory agencies have adopted an Addendum to their longstanding rules regarding income tax allocation agreements between insured...more

Covered Funds Aspects of the Volcker Rule – Frequently Asked Questions

Goodwin on 12/20/2013

The Federal Reserve Board, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Securities and Exchange Commission (the "SEC") issued a final rule, and the Commodity Futures...more

Corporate and Financial Weekly Digest - September 13, 2013

Katten Muchin Rosenman LLP on 9/16/2013

In this issue - - Federal Agencies Seek Comment on Joint Proposed Rule Regarding Credit Risk Retention - SEC Grants Request for No-Action Relief with Respect to Multi-Day Pre-Fail and Post-Fail Credit Under Rule...more

When The Parent Is A Blue Hen And The Subsidiary Is A 49er, What Law Governs?

Allen Matkins on 7/18/2013

With most publicly traded companies choosing to incorporate in Delaware, corporate officers are likely to assume that they have the benefit of Delaware law. Assumptions sometimes can be wrong....more

10 Results

/

View per page

Page: of 1