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Federal Deposit Insurance Corporation

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Top Federal Deposit Insurance Corporation Articles

Displaying items 85-96
  • 5 years after the Great Recession: Where are we now?

    5 years after the Great Recession: Where are we now?
    It was the worst U.S. economic calamity since the 1930s. Over 18 months, the Great Recession erased trillions of dollars in wealth, destroyed 8 million jobs and robbed tens of thousands of their homes. More than half of adults lost a job or saw a cut in...
  • With Citigroup paying up, will feds' attention now turn to BofA?

    With Citigroup paying up, will feds' attention now turn to BofA?
    With Citigroup Inc. agreeing to pay $7 billion for issuing toxic mortgage securities, the Justice Department now turns to settling its case against what analysts call the biggest mortgage miscreant of all: Bank of America Corp. The government has...
  • Earnings up at American Bank

    American Bank of South Whitehall Township on Wednesday announced earnings of $1.3 million in the quarter ended June 30, up 9 percent from the same period a year ago, due to gains on investments. The bank's overall loan portfolio was flat, with interest...
  • Banking regulators launch broad review of financial rules

    Banking regulators launch broad review of financial rules
    Three of the nation's financial regulators on Wednesday launched a broad effort to identify rules that are unnecessary or too burdensome for banks. Under a 1996 law, the Federal Reserve, the Federal Deposit Insurance Corp. and the Office of the...
  • Regulators tell South End Savings to grow lending in lower-income areas

    Regulators tell South End Savings to grow lending in lower-income areas
    South End Savings, a $35 million-asset savings and loan founded in 1914, has been told by regulators that it "needs to improve" on its lending to low- and moderate-income areas. The Homewood-based institution was one of nearly 100 U.S. banks with...
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  • Heartbleed computer bug shouldn't be dismissed

    Heartbleed computer bug shouldn't be dismissed
    If your heart skipped a beat when you heard about the latest major online security threat, a bug called Heartbleed, calm down. It's not worth having a heart attack over. But you can't dismiss Heartbleed, either. You likely will have to change some...
  • Feds put out false stats on mortgage fraud

    Feds put out false stats on mortgage fraud
    In front of news cameras, federal authorities have talked tough about combating mortgage fraud. But behind closed doors, some FBI offices didn't even list mortgage fraud as a top priority, and the Department of Justice repeatedly promoted inflated...
  • Victims get another small payment in Lou Pearlman fraud

    Victims get another small payment in Lou Pearlman fraud
    The trustee overseeing the Ponzi scheme of “boy band” promoter Lou Pearlman is sending out more checks to victims, but the amount is still paltry compared to the nearly $300 million fraud case. On Monday a second distribution of $5.6 million...
  • Friday's TV Highlights: 'The Neighbors' on ABC

    Friday's TV Highlights: 'The Neighbors' on ABC
    Customized TV Listings are available here: www.latimes.com/tvtimes Click here to download TV listings for the week of March 16-22, 2014 in PDF format This week's TV Movies -------------------- SERIES Last Man Standing When Boyd (Flynn Morrison)...
  • Sallie Mae's loan terms violated rights of military service members, officials say

     
    About 60,000 service members will receive a cut of $96 million in settlements that federal regulators announced Tuesday with student loan servicer Sallie Mae over allegations that its terms violated service members' rights. Authorities alleged Sallie...
  • California Bank & Trust parent to retake stress test it failed

    California Bank & Trust parent to retake stress test it failed
    Zions Bancorp, which failed a Federal Reserve test simulating a severe recession, says it has shed some high-risk holdings and will submit a beefed-up capital plan for approval. Zions said the Fed determined that its holdings of loans and securities...