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Sunday, February 23, 2020  Spokane, Washington  Est. May 19, 1883
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Stories tagged: federal deposit insurance corp

Regulators slap curbs on Wells Fargo for ‘living will’ plan

WASHINGTON – Federal regulators have slapped restrictions on Wells Fargo, finding that the big bank failed to adequately plug holes in the plan it would deploy if it fell into …

Feds lift restrictions on Sterling Financial

Federal banking regulators have lifted restrictions against Sterling Financial Corp., the Spokane-based holding company of Sterling Bank. The restrictions were imposed in October 2009 when the company’s financial health was …

FDIC backs ban on banks trading for own profit

Banks would be barred from trading for their own profit instead of their clients under a rule federal regulators proposed today.

Regulators lift order placed on Sterling Savings Bank

State and federal regulators have lifted the cease-and-desist order placed on Sterling Savings Bank nearly one year ago. Sterling Financial Corp., the bank holding company, said Monday the move reflects …

Bankruptcy deal near for WaMu

Washington Mutual Inc. told a bankruptcy judge Wednesday that it is close to completing an agreement with the Federal Deposit Insurance Corp. that could pave the way for the bank …