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US Could Lose all Bank Branches by 2041

US Could Lose all Bank Branches by 2041

There has been an average of 1,646 branch closures each year
Federal Reserve Board Issues Guidance To Help Banks Develop Resolution Plans

Federal Reserve Board Issues Guidance To Help Banks Develop Resolution Plans

The Guidance was developed jointly with the Federal Deposit Insurance Corporation
FDIC seeks more notice over change in bank control requests

FDIC seeks more notice over change in bank control requests

Majority of FDIC board vote for move towards new requirements
FDIC Releases Plans If Wall Street Bank Collapses

FDIC Releases Plans If Wall Street Bank Collapses

Regulators have faced mounting pressure to strengthen their preparedness following the Silicon Valley Bank crash
FDIC “Missed Opportunities” in First Republic Bank Supervision

FDIC “Missed Opportunities” in First Republic Bank Supervision

Report from the FDIC’s Office of the Inspector General found the agency should have taken earlier action
FDIC Establishes Committee to Oversee Workplace Review

FDIC Establishes Committee to Oversee Workplace Review

The special committee will examine allegations of a toxic workplace culture and sexual harassment
FDIC Votes To Tighten Governance Standards For Large Banks

FDIC Votes To Tighten Governance Standards For Large Banks

The new rules proposed in response to the collapse of several large banks this year
PNC Buys Former Signature Bank Private Equity Loan Book

PNC Buys Former Signature Bank Private Equity Loan Book

Bank has acquired $16.6 billion in loans from the FDIC nearly seven months after Signature’s collapse
Federal Reserve Publishes Guidance For FedNow RFPs

Federal Reserve Publishes Guidance For FedNow RFPs

Market practices have been released to standardize the implementation of instant payments
ABA: FDIC Data Shows Strength of Banking Industry

ABA: FDIC Data Shows Strength of Banking Industry

FDIC data reveals insured institutions reported net income of $70.8 billion for Q2 2023
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