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Washington
Inside Washington (09/10/2012)
  • WASHINGTON (9/11/12)--The Federal Deposit Insurance Corp. has recently moderated the number of consent orders it issues to banks. The agency handed out four consent orders in July after issuing three in June (American Banker Sept. 10). As many as a third of the nation's banks have received some sort of formal consent order since the beginning banking crisis in 2008, limiting the number of institutions that can be targeted. Fewer consent orders indicate the continued recovery of the industry, Serena Owens, the associate director for the division of risk management and supervision at the FDIC, wrote in an e-mail. The economy has largely stabilized since 2008, said Walter Moeling IV, a partner at Bryan Cave. Banks that received the most recent orders were cited because their classified assets ratio hit a 100% of Tier 1 capital and loan-loss allowance, Moeling said …
  • WASHINGTON (9/11/12)--The meeting of the Community Development Financial Institutions  (CDFI) Fund's Community Development Advisory Board, originally scheduled to be held at 2 p.m. ET Wednesday, has been postponed. When a new date for the meeting has been set, a meeting notice will be published in the Federal Register and the CDFI Fund will distribute the public notice via its e-mail subscription service


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