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TBA News & Headlines

FDIC Plans Change in Insured Deposit Determination at Large Banks

To help the FDIC determine promptly whether deposits are insured or not after a bank fails, the agency yesterday requested comment on a proposed set of new recordkeeping standards for banks with more than 2 million deposit accounts.

MasterCard Inks $19 Million Data Breach Settlement with Target

MasterCard and Target last week announced a $19 million settlement of claims by MasterCard and its card issuers related to losses from Target’s 2013 data breach.

House Passes Regulatory Relief Bills

By virtually unanimous votes, the House yesterday passed four regulatory relief bills.

Fed Adopts Rule Expanding Small Bank Relief

The Federal Reserve yesterday adopted a final rule that expands the regulatory relief provided by its small bank holding company policy statement. The rule implements legislation passed by Congress in December.