FDIC asks banks to ante up; debt ceiling fight on Capitol Hill
American Banker
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
FDIC proposes special assessment to replenish deposit insurance fund: The Federal Deposit Insurance Corporation (FDIC) . Board voted 3-2 to propose a special assessment of 0.125% on banks with uninsured deposits over $5 billion.
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Heated debate over debt ceiling derails bank failure oversight hearing: House Financial Services Committee's Oversight and Investigations Subcommittee Republicans tried to pin down the Government Accountability Office on Federal Reserve criticisms, while Democrats stressed debt ceiling worries.
Read more from Washington: Waller: 'backdoor' policy objectives open Fed up to political attacks; Treasury's Liang says bank liquidity risk is stable, but nonbank fears mount
BankUnited seizes recruiting opportunity in wake of failure: The Florida lender hired corporate bankers in New York City who had previously worked at First Republic Bank, which collapsed last week.
Inside Amex's quest to digitize business payments: The financial institution has released a series of new products in response to a slew of competitors pursuing corporate treasury management clients.
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