Financial Regulatory Forum

BREAKINGVIEWS-FDIC on defensive thanks to imperfect disclosure

By Reuters Staff
February 16, 2010

– The author is a Reuters Breakingviews columnist. The opinions expressed are her own –

EXCLUSIVE-U.S. Fed group eyes insurance fund for key market

By Reuters Staff
February 8, 2010

By Kristina Cooke and Elinor Comlay

NEW YORK, Feb 8 (Reuters) – Banks, investors and industry groups last week discussed creating a backstop insurance fund to lessen the risk a distressed dealer could trigger a crisis in the world’s largest funding market.

Bank of England, U.S. FDIC to work closely on banks in distress

By Reuters Staff
January 22, 2010

LONDON, Jan 22 (Reuters) – The Bank of England said on Friday it had signed an agreement with the U.S. Federal Deposit Insurance Corporation to work more closely when resolving distressed banks with operations in the U.S. and the UK.

U.S. FDIC’s Bair urges banks to take losses on commercial loans

By Reuters Staff
January 20, 2010

By Karey Wutkowski

WASHINGTON, Jan 20 (Reuters) – A top regulator on Wednesday told banks to stop dragging their feet and recognize losses on commercial real estate loans, a sector that is due to deteriorate in the coming quarters and drive bank failures.

BREAKINGVIEWS – Is Conan O’Brien a $40 million bailout recipient?

By Reuters Staff
January 20, 2010

– The author is a Reuters Breakingviews columnist. The opinions expressed are his own –

US FDIC floats plan to tie bank pay to fee levels

By Reuters Staff
January 12, 2010

By Karey Wutkowski

WASHINGTON, Jan 12 (Reuters) – U.S. banks whose compensation plans encourage risk-taking would have to pay more for deposit insurance under a proposal floated by the Federal Deposit Insurance Corp on Tuesday.

Special bankruptcy court for banks mulled in U.S. Senate

By Reuters Staff
January 12, 2010

By Rachelle Younglai

WASHINGTON, Jan 11 (Reuters) – Key U.S. senators are considering the creation of a special bankruptcy court for troubled financial services firms, a person familiar with the plans said on Monday.

U.S. industry sharpens attack on financial reforms

December 8, 2009

By Karey Wutkowski and Kevin Drawbaugh

WASHINGTON, Dec 8 (Reuters) – U.S. industry is freshening its attack on financial reform, pledging more cash to defeat a new consumer agency and raising concerns over a provision that could force secured creditors to shoulder losses.

Sleeper deposit-insurance cost for big U.S. banks gaining steam

November 20, 2009

A California National Bank branch employee posts notices that the bank has been taken over, near the bank's ATM machine in suburban Los Angeles October 30, 2009. U.S. authorities seized nine failed banks, including Los Angeles-based California National Bank, that day, the most in a single day since the financial crisis began and the latest stark sign that substantial parts of the nation's banking industry are being crippled by bad loans. REUTERS/Fred Prouser   By Karey Wutkowski
WASHINGTON, Nov 20 (Reuters) – As the biggest U.S. banks clamor to defeat Congressional measures that could break up their firms or slap a big tax on their transactions, another costly proposal is quietly gaining steam.

U.S. banking regulator eyes bank creditor claims

October 5, 2009

USA/    ISTANBUL, Oct 5 (Reuters) -   Federal Deposit Insurance Corp Chairman Sheila Bair told a group of international bankers on Sunday that officials might want to consider “the very strong medicine” of limiting secured claims to 80 percent, although she said such a proposal would need to be carefully weighed. (more…)