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SEC considers tough rules for money funds

...these products to runs," SEC Chairman Mary Jo White said before the vote.Sheila Bair, who headed the Federal Deposit Insurance Corp. during the crisis, said the proposal falls short of what is needed. A better solution would have been...

http://chronicle.augusta.com/news/business/2013-06-05/sec-considers-tough-rules-
Bank earnings set record

...smaller institutions continue to struggle.The industry earned $40.3 billion in the first quarter, the Federal Deposit Insurance Corp. said Wednesday. That's the highest figure ever for a single quarter. And it's up 15.8 percent from...

http://chronicle.augusta.com/news/business/2013-05-29/bank-earnings-set-record
Fewer US banks failing as industry strengthens

...percent in the 12 months that ended Sept. 30 compared with the previous 12 months, according to data from the Federal Deposit Insurance Corp. More lending fuels more consumer spending, which drives about 70 percent of economic activity. But overall...

http://chronicle.augusta.com/news/business/2012-12-28/fewer-us-banks-failing-ind
Economy showing strength as spending cuts loom

...last year's average of 67.1.- Bank lending rose 1.7 percent in the October-December quarter, the Federal Deposit Insurance Corp. said. It was the sixth rise in seven quarters. Banks made more commercial and industrial loans to businesses...

http://chronicle.augusta.com/news/business/2013-02-26/economy-showing-strength-s
Missing banker a Ga. mystery

...Exchange Commission has filed a complaint in federal court in Atlanta saying he defrauded investors. The Federal Deposit Insurance Corp. on Friday said it seized Montgomery Bank & Trust. An associate told an SEC lawyer that since 2009, Price...

http://chronicle.augusta.com/news/business/2012-07-11/missing-banker-ga-mystery
Feds order Discover to refund $200 million to cardholders

...were free, regulators said.The action was brought by the new Consumer Financial Protection Bureau and the Federal Deposit Insurance Corp. Discover said this summer that it expected an enforcement action about add-on products.It is only the...

http://chronicle.augusta.com/news/business/2012-09-24/feds-order-discover-refund
Healthier bank industry is helping support a still-sluggish US economy

...banks are considered at risk of failure. In January through March this year, the number of banks on the Federal Deposit Insurance Corp.'s confidential "problem" list fell for a fourth straight quarter. The list consists of banks considered...

http://chronicle.augusta.com/news/business/2012-07-05/healthier-bank-industry-he
Montgomery Bank & Trust board member accused of fraud is missing

...Georgia bank closed by federal regulators has a missing board member who is accused of millions in fraud.The Federal Deposit Insurance Corp. seized Montgomery Bank & Trust in Ailey on Friday. The bank, 170 miles southeast of Atlanta, had struggled...

http://chronicle.augusta.com/news/business/2012-07-07/montgomery-bank-trust-boar
10 condominiums at J.B. White's building in downtown Augusta have sold since April

...bedrooms.In 2009, the former J.B. White's department store went through foreclosure procedures after the Federal Deposit Insurance Corp. seized control from the failed Haven Trust Bank. Construction on the condominiums was halted after a handful...

http://chronicle.augusta.com/news/business/local-business/2012-07-18/10-condomin
Credit unions prosper from banks' woes

...since the financial crisis. In 2008, there was $6.6 billion entrusted to bank accounts, according to the Federal Deposit Insurance Corp. It has since increased past $7.3 billion, but that is less than half the rate of growth seen by credit...

http://chronicle.augusta.com/news/business/local-business/2012-08-18/credit-unio