Simply Credit Help – Debt and Bad Credit Improvement Advice
federal-deposit

U.S. banks need better defenses against rates shock, regulators warn

September 2, 2016 by · Leave a Comment 

Years of stubbornly low interest rates and expectations they will remain low for years to come have prompted U.S. banks to shift their balance sheets in ways that put them at risk if rates suddenly spike, regulators are warning. The dynamic “raises …

See the rest here: 
U.S. banks need better defenses against rates shock, regulators warn

federal-deposit

JPMorgan ends WaMu disputes with FDIC, to receive $645 million

August 21, 2016 by · Leave a Comment 

JPMorgan Chase & Co on Friday said it will receive $645 million in a settlement of litigation with the Federal Deposit Insurance Corp and Deutsche Bank AG arising from its purchase of Washington Mutual Inc's banking operations during the financial crisis in 2008. According to a regulatory filing, JPMorgan will collect the cash payment from the estate of Washington Mutual Bank, for which the FDIC acts as receiver.

More here: 
JPMorgan ends WaMu disputes with FDIC, to receive $645 million