2/25/2009 Joint Release:
Board of Governors of the Federal Reserve System
Federal Deposit Insurance Corporation
Office of the Comptroller of the Currency
Office of Thrift Supervision
The federal bank regulatory agencies announced today that they will start conducting forward-looking economic assessments of large U.S. banking organizations as the Capital Assistance Program (CAP) gets underway. These assessments will be done on an interagency basis as a coordinated supervisory exercise to ensure they are carried out in a timely and consistent manner. Supervisors will work with institutions to estimate the range of possible future losses and the resources to absorb such losses over a two-year period.
Read more on Agencies To Begin Forward-Looking Economic Assessments…
Filed under FDIC Releases, Federal Reserve Releases by Comment. 
December 19, 2008 FDIC Press Release:
The Federal Deposit Insurance Corporation (FDIC) announced today a settlement with CompuCredit Corporation, Atlanta, Georgia (CompuCredit), a company charged with deceptive marketing of subprime credit cards with three FDIC-supervised banks in violation of the Federal Trade Commission Act (FTC Act). Two of the banks previously settled with the FDIC.
Filed under FDIC Releases by Comment.
December 18, 2008 FDIC Press Release:
The growing challenge related to liquidity issues in the current banking environment is highlighted in the Winter 2008 issue of Supervisory Insights, released today. "The extraordinary events of this past fall shine a bright light on the increasing importance of liquidity contingency planning for financial institutions," said Sandra L. Thompson, Director, Division of Supervision and Consumer Protection. "This issue of Supervisory Insights also addresses other critical issues facing the banking industry."
Read more on Liquidity Risk is Focus of Winter Issue of FDIC's Supervisory Insights…
Filed under FDIC Releases by Comment.
