FDIC Mulls Change on Setting Premiums

Adler, Joe
January 2010
American Banker;1/21/2010, Vol. 175 Issue 11, p2
Trade Publication
The article reports that Federal Deposit Insurance Corp. (FDIC) chairman Sheila Bair said the agency is considering dropping the use of rating agencies in setting its deposit insurance premiums for large banks. The FDIC has used the agencies' debt ratings to calculate premiums for banks with assets of over $10 billion. Bair said the FDIC might perform its own ratings due to the agencies' poor performance related to the real estate bubble.


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