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Big Bank Alleges FDIC Erroneously Demanded $475M Special Assessment
McGuireWoods and Debevoise & Plimpton on behalf of plaintiff Capital One allege the Federal Deposit Insurance Corp. misinterpreted the statutory definition of 'uninsured deposit' to erroneously ... Read More
Capital One Says FDIC Overcharged $150 Million After SVB Bailout
Capital One Financial Corp. is accusing the Federal Deposit Insurance Corp. of overcharging the bank by nearly $150 million to recover costs the regulator incurred bailing out uninsured depositors at ... Read More
Capital One sues FDIC for overcharge related to two bank failures
Capital One sued the Federal Deposit Insurance Corporation, accusing the U.S. regulator of imposing an excessive $474.1 million special assessment to recoup losses to its deposit insurance fund ... Read More
Paper Losses Shrink at US Lenders in FDIC’s Quarterly Update
Paper losses at US banks eased in the second quarter and the bedrock deposit insurance fund’s balance ticked higher, according to a quarterly report by the Federal Deposit Insurance Corp. Unrealized ... Read More
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