The FDIC has signed off on WesBanco’s bid to acquire Youngstown, Ohio-based Premier Bank. The merger awaits approval from the ...
Some advisors to President-elect Donald Trump have reportedly floated several ideas to gut regulations on banks, including one proposal to eliminate the Federal Deposit Insurance Corporation (FDIC).
BlackRock (NYSE:BLK) has been given a new deadline ... a proposed deal that would risk hurting its ability to serve clients. According to people familiar with the matter, the FDIC denied that ...
Industry representatives contend that the FDIC’s actions lack a clear demonstration of harm, raising concerns about regulatory overreach . Vanguard’s deal with the FDIC underscores the ...
The Federal Deposit Insurance Corp. has given asset manager BlackRock a one month extension to enter into an agreement regarding the controlling power of its stakes in FDIC-regulated banks. The ...
Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump administration takes over later this month.
(Reuters) - The U.S. Federal Deposit Insurance Corporation has told asset manager BlackRock it has until Jan. 10 to accept an agreement that would allow the agency to step up scrutiny of its ...
(Reuters) -The U.S. Federal Deposit Insurance Corporation has reached a deal with Vanguard that will strengthen the rules under which the investment management giant can take big stakes in large U.S.