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How Far Can Regulators Go to Protect Uninsured Deposits?
Posted inBanking and Financial Institutions Deposit Insurance Dodd-Frank Wall Street Reform and Consumer Protection Act (2010) Federal Deposit Insurance Corp Law and Legislation Regulation and Deregulation of Industry Treasury Department

How Far Can Regulators Go to Protect Uninsured Deposits?

Regulators can protect deposits over $250,000 if they determine that a bank’s failure pose a systemic risk, but some lawmakers have pushed for more sweeping coverage.
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Posted by By Linda Qiu
Banking Regulators Prepare for Tough Questions from Lawmakers
Posted inBanking and Financial Institutions Barr, Michael S Binance Federal Deposit Insurance Corp Federal Reserve System Gruenberg, Martin J Liang, Nellie Silicon Valley Bank

Banking Regulators Prepare for Tough Questions from Lawmakers

Three top officials will testify in Congress about the turmoil caused by the collapse of Silicon Valley Bank, and their role in it.
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Posted by By RSS Feed
Fed Vice Chair Calls Silicon Valley Bank a ‘Textbook Case of Mismanagement’
Posted inBanking and Financial Institutions Deposit Insurance Federal Deposit Insurance Corp Federal Reserve System Regulation and Deregulation of Industry Signature Bank Silicon Valley Bank

Fed Vice Chair Calls Silicon Valley Bank a ‘Textbook Case of Mismanagement’

The Federal Reserve’s top bank cop blamed Silicon Valley Bank’s leaders, while previewing the cental bank’s review of its faulty oversight.
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Posted by By Jeanna Smialek and Emily Flitter
First Citizens to Acquire Silicon Valley Bank
Posted inBanking and Financial Institutions Federal Deposit Insurance Corp Silicon Valley Bank

First Citizens to Acquire Silicon Valley Bank

The Federal Deposit Insurance Corporation, which announced the deal late Sunday, had been looking for a buyer since seizing control of the bank.
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Posted by By Lauren Hirsch

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