Financial Regulatory Forum

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.

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.

US bank regulator sees risk in pay czar rulings

By Reuters Staff
October 26, 2009

   By Karey Wutkowski
CHICAGO, Oct 26 (Reuters) – A top U.S. bank regulator said on Monday that there is “very real concern” that some large financial firms that have received massive taxpayer bailouts could be harmed by the rulings of the Obama administration’s pay czar.Comptroller of the Currency John Dugan said pay czar Kenneth Feinberg has a difficult challenge to both rein in outsized paychecks at the seven firms he has jurisdiction over, while not being so harsh that top performers leave the companies.

US regulator: 17 percent of national banks on watch list

By Reuters Staff
October 14, 2009

WASHINGTON, Oct 14 (Reuters) – The regulator for the largest U.S. banks said on Wednesday that 17 percent of national banks are now considered “problem banks.”

Key US senator determined to create super bank cop

By Reuters Staff
September 29, 2009

U.S. Senator Christopher Dodd (D-CT) speaks in front of his close friend Senator Edward Kennedy's casket during a "Celebration of Life Memorial Service" for Kennedy at the John F. Kennedy Library and Presidential  Museum in Boston, Massachusetts August 28, 2009. By Karey Wutkowski
WASHINGTON, Sept 29 (Reuters) – A senior U.S. Democratic senator said on Tuesday he is moving forward with his effort to consolidate bank supervision into a single federal regulator, despite criticism from current bank regulators who do not want to lose power.

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

By Reuters Staff
August 26, 2009

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.