US Federal Deposit Insurance Corp planning to end quarterly bank reports.
BANKING AND CREDIT NEWS-June 29, 2020--US Federal Deposit Insurance Corp planning to end quarterly bank reports
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Global Banking News - 29 June 2020
The Federal Deposit Insurance Corp (FDIC) in the US is said to be considering plans to scrap quarterly bank reports.
Quarterly reports have been used by the FDIC for about 150 years to oversee risks at banks operating in the US. The agency is now turning to 20 data and technology firms who will compete to develop a new reporting prototype...
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