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FDIC Rule Change Sets Path for Second-Chance Hiring in Banks

FDIC Rule Change Sets Path for Second-Chance Hiring in Banks The Federal Deposit Insurance Corporation (FDIC) has recently approved a proposal that aligns its rules with the legislation enacted last December, known as the Fair Hiring in Banking Act. This legislation...
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FDIC Releases September Enforcement Actions, No Administrative Hearings for November

FDIC Makes Public September Enforcement Actions - No Administrative Hearings Scheduled For November 2023 The Federal Deposit Insurance Corporation (FDIC) has recently released a list of orders of administrative enforcement actions taken against banks and individuals...
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The FDIC’s Outdated Structure: Failing to Keep Pace with Modern Banks

Modern Banks and the Antique Supervisor — How the FDIC Became Outdated Introduction During the 2008 financial crisis, the Federal Deposit Insurance Corporation (FDIC) faced a significant challenge when it had to resolve Washington Mutual (WaMu), the largest failure in...
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Support for CRA and Climate Risk Management: Statements from Acting Comptroller at FDIC Board Meeting

Support for CRA and Climate Risk Management: Statements from Acting Comptroller at FDIC Board Meeting In a recent Federal Deposit Insurance Corporation Board Meeting, Acting Comptroller of the Currency Michael J. Hsu showed his support for rulemakings on the Community...
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