We use cookies to customise content for your subscription and for analytics.
If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
In cooperation with Association of Corporate Counsel
  Request new password

Search results

Order by most recent / most popular / relevance

Results: 1-10 of 67

GAO issues new TARP report

  • Alston & Bird LLP
  • -
  • USA
  • -
  • November 3 2009

Yesterday, the Government Accountability Office (GAO) released a new report on the Troubled Asset Relief Program (TARP) entitled "Continued Stewardship Needed as Treasury Develops Strategies for Monitoring and Divesting Financial Interests in Chrysler and GM."

United Bank assumes all of the deposits of The First National Bank of Barnesville

  • Alston & Bird LLP
  • -
  • USA
  • -
  • October 25 2010

On Friday, the Office of the Comptroller of the Currency closed The First National Bank of Barnesville, headquartered in Barnesville, Georgia, and appointed the FDIC as receiver

FDIC approves the payout of the insured deposits of First Arizona Savings, A FSB

  • Alston & Bird LLP
  • -
  • USA
  • -
  • October 25 2010

On Friday, the Office of Thrift Supervision closed First Arizona Savings, A FSB, headquartered in Scottsdale, Arizona, and appointed the FDIC as receiver

FDIC and Bank of England announce MOU addressing collaborative resolution authority

  • Alston & Bird LLP
  • -
  • United Kingdom, USA
  • -
  • January 22 2010

Today the FDIC and the Bank of England announced their agreement to a memorandum of understanding (MOU) reflecting the shared commitment by the FDIC and the Bank of England to work together to a greater extent when they act as resolution authorities with respect to troubled financial institutions that operate in both the United States and the United Kingdom, including "planning for resolution scenarios, and appropriate simulations, contingency planning or other work designed to improve preparations … for managing and resolving crises involving Firms with cross-border operations."

SEC Inspector General reports on timing of SEC's Goldman suit

  • Alston & Bird LLP
  • -
  • USA
  • -
  • October 14 2010

On Wednesday, the SEC's Office of Inspector General (OIG) released a report clearing the SEC of accusations that its decision to bring a fraud case against Goldman Sachs, as well as the timing of its decision to do so, were influenced by a political agenda

House subcommittee holds hearing on future of housing finance

  • Alston & Bird LLP
  • -
  • USA
  • -
  • September 15 2010

Earlier today, the House Financial Services Committee's Subcommittee on Capital Markets, Insurance and Government Sponsored Entities held a hearing entitled "The Future of Housing Finance: A Progress Update on GSEs" to discuss the primary causes of the financial downfall of Fannie Mae and Freddie Mac and to review the progress in improving the management of the GSEs over the two years since they were placed in conservatorship

Ireland announces plan to acquire property loans

  • Alston & Bird LLP
  • -
  • Ireland
  • -
  • September 16 2009

Earlier today, Ireland’s government announced additional details of its plan to acquire property loans from struggling banks in order to bring additional liquidity and stability to the troubled Irish financial system

U.K. Insurance Industry Working Group publishes report

  • Alston & Bird LLP
  • -
  • United Kingdom
  • -
  • July 28 2009

Yesterday, the U.K.’s Insurance Industry Working Group, which is co-chaired by the Chancellor of the Exchequer Alistair Darling and Aviva's Group Chief Executive Andrew Moss, published its report on the challenges currently facing the insurance industry

Geithner testifies before Senate Banking Committee regarding regulatory restructuring proposal

  • Alston & Bird LLP
  • -
  • USA
  • -
  • June 18 2009

Today, Treasury Secretary Timothy Geithner testified before the Senate Banking Committee at a hearing entitled "The Administration’s Proposal to Modernize the Financial Regulatory System," to discuss the administration’s proposed regulatory overhaul

Financial Crisis Inquiry Commission holds first public hearing

  • Alston & Bird LLP
  • -
  • USA
  • -
  • January 14 2010

Yesterday, the Financial Crisis Inquiry Commission (FCIC) held its first public hearing to discuss the causes of the financial markets crisis