Financial Regulatory Forum

U.S. FDIC will keep new banks on short leash

WASHINGTON, Aug 28 (Reuters) – U.S. bank regulators said on Friday that they are extending the amount of time they keep new banks under strict supervision, saying recent bank failures have indicated that new institutions pose an elevated risk to the insurance fund that safeguards bank deposits.

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U.S. FDIC eases rules on private-equity investments in troubled banks

Federal Deposit Insurance Corporation Chairman Sheila Bair smiles as she testifies before a House Financial services committee hearing on Regulatory Perspectives on the Obama Administration's Financial Regulatory Reform Proposals on Capitol Hill in Washington July 24, 2009. REUTERS/Yuri Gripas (UNITED STATES POLITICS WASHINGTON, Aug 26 (Reuters) – U.S. banking regulators voted on Wednesday to ease rules applying to private investments in troubled banks.

The board of the Federal Deposit Insurance Corp voted 4-1 to change previous proposals that some regulators and potential investors said had threatened to scare away much-needed capital from the banking industry.

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U.S. regulators hone tools to fight persistent bank crisis

By Karey Wutkowski

WASHINGTON, Aug 25 (Reuters) – U.S. regulators are set to buttress their defenses this week against a slew of sick banks still facing closure and the risks to the dwindling fund that protects depositors.

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US agency to vote Aug 26 on private equity rules for failed banks

By Karey Wutkowski

WASHINGTON, Aug 19 (Reuters) – The Federal Deposit Insurance Corp will meet next week to vote on its policy for private equity investments in failed banks, according to an agenda posted to its website. The FDIC proposed the private equity guidelines in July. Investors and some regulators criticized them as too harsh.

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FDIC warns U.S. banks they may need more home-equity reserves

By Jonathan Stempel
NEW YORK, Aug 3 (Reuters) – A U.S. regulator said on Monday banks may need to boost their reserves for losses on home equity loans, after housing prices fell by roughly one-third from their 2006 peak. (more…)

US bank regulator seen moving fast on private equity -sources

Federal Deposit Insurance Corporation (FDIC) Chairman Sheila Bair (file)By Megan Davies
NEW YORK, Aug 3 (Reuters) – A U.S. bank regulator is expected to move quickly in finalizing guidelines on private equity investments in failed banks, possibly easing one of its most controversial proposals, sources said on Monday. (more…)

US Senate bill would let FDIC wind down big banks

Federal Deposit and Insurance Corporation (FDIC) Chairman Sheila Bair WASHINGTON, July 30 (Reuters) – Two U.S. senators introduced legislation on Thursday that would give the Federal Deposit Insurance Corp the power to wind down bank holding companies, calling it an interim step until Congress approves broad financial regulatory reforms.

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U.S. FDIC launches test of toxic asset sale program

WASHINGTON, July 31 (Reuters) – The U.S. Federal Deposit Insurance Corp is launching the first test of its Legacy Loans Program to help banks rid their balance sheets of toxic assets so they can raise new capital and increase lending, the agency said on Friday.
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