Sat.Apr 20, 2024 - Fri.Apr 26, 2024

Remove fdic-compliance
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A Utah bank is gone after 16 years of losses. Why did it survive so long?

American Banker

Experts criticized the FDIC for allowing the bank's demise to play out in slow motion. Liberty Bank in Salt Lake City had been "structurally unprofitable" since 2008, according to its regulators.

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FDIC says it can resolve GSIBs. For the market, seeing is believing.

American Banker

The Federal Deposit Insurance Corp. says it's ready to wind down the global systemically important banks. But until that happens, many in the banking industry are skeptical that regulators have actually developed a workable strategy to end "too big to fail."

FDIC 41