Deposit insurance rumors making the rounds - ForexLive (blog)

Deposit insurance rumors making the rounds
ForexLive (blog)
By Jamie Coleman || May 23, 2012 at 20:09 GMT One reason for the pop in stocks and EUR/USD is a rumor that Merkel has signed off on an FDIC-like deposit insurance scheme for Europe. The FDIC charges banks a premium to insure deposits and the funds are ...

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Europe Needs Deposit Insurance Scheme, Economist Rajan Says - Fox Business

Europe Needs Deposit Insurance Scheme, Economist Rajan Says
Fox Business
MILAN – Europe needs an insurance plan for bank deposits that goes beyond national borders to head off bank runs fueled by fears of a change in currency, University of Chicago economist Raghuram Rajan said Tuesday. The scheme will need to be backed by ...

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FDIC Sues on Mortgage-Backed Securities Sold to Failed Banks - San Francisco Chronicle


Latin American Herald Tribune
FDIC Sues on Mortgage-Backed Securities Sold to Failed Banks
San Francisco Chronicle
May 21 (Bloomberg) -- The Federal Deposit Insurance Corp. sued a group of banks, including JPMorgan Chase & Co., Citigroup Inc., Bank of America Securities and Deutsche Bank AG, in two suits over mortgage-backed securities. The FDIC, acting as receiver ...
FDIC closes small bank in Alabama Las Vegas Sun
FDIC Chases Big Banks Zacks.com
FDIC sues big banks over mortgage debt losses Chicago Tribune
Wall Street Journal - BusinessWeek
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Deposit insurance a positive for euro zone - Fitch - Reuters

Deposit insurance a positive for euro zone - Fitch
Reuters
LONDON May 22 (Reuters) - Any pooling of liability in the banking system through a euro zone wide deposit insurance scheme would be viewed as a positive by Fitch, the ratings agency told Reuters on Tuesday. "It would be encouraging.

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FDIC Sues Big Banks Over Mortgage Securities - Insurance Journal


First Coast News
FDIC Sues Big Banks Over Mortgage Securities
Insurance Journal
The Federal Deposit Insurance Corp., which seized the two banks when they failed, filed the civil lawsuits last Friday in federal court. The agency named as defendants banks including Citigroup, JPMorgan Chase, Bank of America, Credit Suisse, ...
Ga. Rep. Broun suggests FDIC targets GOP states WTVC
Community Bank of Broward hit with regulatory order Bizjournals.com
Letter: Another way Naples Daily News
Business Journal
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Complexity Concerns Matter Most in Merger Approvals - American Banker

Complexity Concerns Matter Most in Merger Approvals
American Banker
Laying the orders alongside the FRB's final rule regarding living wills (adopted jointly with the Federal Deposit Insurance Corporation), the Financial Stability Oversight Council's final rule and interpretive guidance regarding the designation of ...

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The Problems With Limiting Large Banks - New York Times


New York Times
The Problems With Limiting Large Banks
New York Times
In the committee report in support of the proposed legislation, Senator Brown describes the safety net that covers the vast majority of liabilities in the American financial system: underpriced federal deposit insurance, access to the Federal Reserve's ...

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