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Should Congress Increase FDIC Insurance Limits?

South State Correspondent

In the wake of regional bank failures, one potential answer to equity shorting and bank runs is having the FDIC increase deposit insurance. private and public lending markets are the world’s envy, with a wide availability of financing options for many capital seekers across the entire capital stack. economy needs.

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New York Sees Most Bank Branch Closures In US

PYMNTS

The area encompasses New York City, its suburbs and parts of New Jersey, “a very dense urban market in most instances, so there’s a lot of potential duplication of bank branches,” said Walter Bialas, director of research at Jones Lang LaSalle , the world’s second-largest commercial real estate services firm. markets in the study.

New York 167
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Personal Capital Review: Free Tools and Paid Wealth Management

MyBankTracker

Personal Capital is an online wealth management concept that started in 2009. Today, Personal Capital offers two sets of tools depending on whether you pay for their services or not. Personal Capital provides a paid wealth management service for those with $100,000 or more in investable assets. This is done securely.

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Why Better Data Is The First Step In Curing The Startup Slump

PYMNTS

When the economy crashed in 2008, and fully bottomed out in June 2009 credit across the board froze. headlines about the almost decade long “ startup slump ” brought on by lack of access to capital first began making the rounds in headlines — and by last year the problem had made very little progress.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.” According to the FDIC, the causes of the 2008-09 financial crisis lay partly in the housing boom and bust of the mid-2000s; partly in the degree to which the U.S.

FDIC 78
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LendingClub Settles With SEC, DOJ

PYMNTS

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. The DOJ Finding. Attorney Alex Tse. “We The Response. billion.

Lending 135
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What's With Regulator Agita Over Bank Commercial Real Estate Lending?

Jeff For Banks

To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. They need a marketing person to title their reports. What is the trend in your market? Let your markets and customers do the talking. Maybe sub out an economist or two.

Lending 60