ARLINGTON, Virginia (Reuters) - U.S. banking regulator Sheila Bair said on Monday that a low interest rate policy is "clearly appropriate" to get credit flowing, while also saying regulators should stop short of ordering banks to lend. Bair, chairman of the Federal ...
FDIC head makes pitch again for new consumer protection agency The head of the Federal Deposit Insurance Corp. pitched again Monday for a new agency for consumer financial protection, now a key sticking point in Senate talks in legislation to overhaul the ...
<div><p> German leader Angela Merkel and businesswomen dominate Forbes magazine's new list of powerful women, while First Lady Michelle Obama and Secretary of State Hillary Clinton didn't break the top 30.</p><p>Merkel headed the list, published Wednesday, for the fourth year running, with ...
<div><p>WASHINGTON (Reuters) - U.S. banking regulators partially retreated from a much-criticized proposal to impose new rules on private equity investment in troubled banks, aiming to encourage responsible investment in distressed banks.</p><p>The 4-1 vote by the Federal Deposit Insurance Corp board was a ...
<div><p>WASHINGTON (Reuters) - Problem U.S. banks and thrifts on an official watchlist rose more than a third to 416 in the second quarter of 2009, as bad loans continued to bite, but regulators saw signs of stabilization in the industry.</p><p>The Federal Deposit ...
<div id="subtitle">Bank insurance fund down 20 percent in 2nd quarter, FDIC's Bair says no plans to tap Treasury</div><div><p>The agency that guarantees bank deposits said Thursday there are no immediate plans to borrow money from the government to bolster its insurance fund, which ...
<div id="subtitle">Number of 'problem' banks is at a 15-year high</div><div><p> Federal regulators say 416 banks are now on their "problem list," up from 305 a month ago. And the Federal Deposit Insurance Corporation's (FDIC) insurance fund is at its lowest ebb since ...
<div><h1> PRIVATE EQUITY WAITS OUT THE FEDS </h1><p>The U.S. is making it tough for private equity firms to buy ailing banks. In late August the Federal Deposit Insurance Corp. imposed stricter rules for acquisitions, the latest move in a long game of ...
<div id="subtitle">Obama seeks new rules for banks to prevent another meltdown, but overhaul appears stalled</div><div><p>The rule book for Wall Street may not change that much after all.</p><p>Tougher financial rules that seemed inevitable after last year's crisis have been ...
<div><p>WASHINGTON (Reuters) - U.S. bank regulators are considering tapping a line of credit with the U.S. Treasury Department and may explore other lesser-known options to replenish the dwindling fund that safeguards bank deposits.</p><p>Federal Deposit Insurance Corp Chairman Sheila Bair said on Friday ...
