Report Portal

FDIC Workplace Culture Under Review: Over 350 People Respond

FDIC Workplace Culture Under Review: Over 350 People Respond More than 350 people have reached out to Cleary Gottlieb, an outside law firm tasked with reviewing the workplace culture at the U.S. Federal Deposit Insurance Corporation (FDIC) following allegations of...
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FDIC Releases Economic Scenarios for 2024 Stress Testing to Ensure Banking Resilience

In a recent press release, the Federal Deposit Insurance Corporation (FDIC) announced the release of the economic scenarios for the upcoming stress tests in 2024. These stress tests are conducted to ensure the resilience of covered institutions with total consolidated...
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FDIC Provides Relief Guidance for Storm-Hit Michigan Financial Institutions

The FDIC (Federal Deposit Insurance Corporation) recently released guidance aimed at providing regulatory relief to financial institutions in Michigan that were affected by severe storms, flooding, and tornadoes. This guidance is intended to help these institutions...
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Higher Costs for US Banks in 2023 FDIC Special Assessment

Higher Costs for US Banks in 2023 FDIC Special Assessment Introduction In 2023, the Federal Deposit Insurance Corporation (FDIC) implemented a special assessment on US banks to replenish its Deposit Insurance Fund (DIF) following the collapse of Silicon Valley Bank...
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