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The Federal Deposit Insurance Corporation (FDIC) today proposed a rule that would create new recordkeeping requirements for large FDIC-insured banks and govern the determination and payment of insured customer deposits in the event of a large bank failure.
The Office of the Comptroller of the Currency, the Federal Reserve Board, and the Federal Deposit Insurance Corporation issued today an interagency statement ( Statement on Prudent Risk Management for Commercial Real Estate Lending ) cautioning the banking industry on the need for prudent risk management practices with respect to commercial real estate (CRE) lending activities.