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Bank profits fall amid economic uncertainty: FDIC

Bank profits fall amid economic uncertainty: FDIC

Bank profits fall amid economic uncertainty: FDIC
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Lack of autonomous vehicle regulation a problem in the U S

FDIC issues climate risk guidance for larger banks

The Federal Deposit Insurance Corp. is the second U.S. regulator to outline strategic planning and other steps banks with more than $100 billion of assets can take to minimize damage from severe weather events and the transition to a low-carbon economy.

New FDIC leader shakes up senior executive ranks

Martin Gruenberg, who became acting chairman of the Federal Deposit Insurance Corp. this week, has named a chief of staff, chief operating officer and general counsel. Their predecessors stepped down last week along with former Chair Jelena McWilliams.

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