U.S. Federal Deposit Insurance Corporation to consider bank size in applying ‘special assessment fee’

U.S. Federal Deposit Insurance Corporation to consider bank size in applying ‘special assessment fee’

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The U.S. Federal Deposit Insurance Corporation (FDIC) will take the plight of community banks into account when charging financial institutions a “special assessment fee” to cover recent losses incurred over the U.S. banking crisis, the FDIC’s head told lawmakers in a hearing on Wednesday. The…

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