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Treasury official outlines goals for financial markets regulation
  • Alston & Bird LLP
  • USA
  • August 4 2010

Earlier today, Michael Barr, Treasury's assistant secretary for financial institutions, spoke at the Charlotte, North Carolina Chamber of Commerce regarding the Wall Street Reform and Consumer Protection Act and upcoming regulatory changes


FDIC announces open door policy for upcoming rulemaking process
  • Alston & Bird LLP
  • USA
  • August 12 2010

Earlier today, the FDIC announced that it will have an "open door policy" with regards to the upcoming rulemaking process related to the Dodd-Frank Wall Street Reform and Consumer Protection Act


Bay Cities Bank assumes all of the deposits of Progress Bank of Florida
  • Alston & Bird LLP
  • USA
  • October 25 2010

On Friday, the Florida Office of Financial Regulation closed Progress Bank of Florida, headquartered in Tampa, Florida, and appointed the FDIC as receiver


Ameris Bank assumes all of the deposits of First Bank of Jacksonville
  • Alston & Bird LLP
  • USA
  • October 25 2010

On Friday, the Florida Office of Financial Regulation closed First Bank of Jacksonville, headquartered in Jacksonville, Florida, and appointed the FDIC as receiver


Morris Bank assumes all of the deposits of The Gordon Bank
  • Alston & Bird LLP
  • USA
  • October 25 2010

On Friday, the Georgia Department of Banking and Finance closed The Gordon Bank, headquartered in Gordon, Georgia, and appointed the FDIC as receiver


Seaway Bank and Trust Company assumes all of the deposits of First Suburban National Bank
  • Alston & Bird LLP
  • USA
  • October 25 2010

On Friday, the Office of the Comptroller of the Currency closed First Suburban National Bank, headquartered in Maywood, Illinois, and appointed the FDIC as receiver


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


House oversight subcommittee holds hearing on financial literacy
  • Alston & Bird LLP
  • USA
  • August 27 2010

On Tuesday, the House Financial Services Subcommittee on Oversight and Investigations held a field hearing at the University of Kansas entitled "Empowering Consumers: Can Financial Literacy Education Prevent Another Financial Crisis


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