Bair to leave FDIC in July
Sheila Bair is to leave the Federal Deposit Insurance Corporation (FDIC) on July 8, at the end of her five-year term as chair, said the regulator on Monday.
Bair is regarded as having steered the regulator, which insures deposits and resolves banks, well through the financial crisis, and leaves it with an expanded ambit. Under the Dodd-Frank Act, introduced into law last summer, the FDIC can establish a bridge bank for the non-bank operations of systemically important firms. Previously it was
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on People
Senior appointments in Australia and Hong Kong
RBA appoints heads of banking and economic research, while HKMA appoints financial infrastructure director
Oman names new central bank governor
Bank CEO takes the helm at Gulf state’s central bank
Claudio Borio joins the Central Banking Advisory Board
Economics expert and ex-BIS research head joins peers from across the globe
Syria appoints new central bank chief after regime change
Maysaa Sabreen becomes first woman to hold governor position
Government loyalist deemed ineligible for BoT chairmanship
Council of State raises issue with Kittiratt na Ranong’s previous political office
Bulgarian deputy hails court ruling to annul his suspension
Gurov says decision confirms that Bulgarian anti-corruption body engaged in “political interference”
Five veterans join Central Banking's advisory board
New members come from Italy, Kenya, Singapore, Switzerland and the US
South Sudan’s president fires central bank governor
Garang replaced by Johnny Ohisa Damian, who previously held position before his own dismissal in 2023