trending Market Intelligence /marketintelligence/en/news-insights/trending/-6iYG8bKtje6XfrU27uoxQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

FDIC seeking comments on brokered deposits, interest rate restrictions

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good


FDIC seeking comments on brokered deposits, interest rate restrictions

The Federal Deposit Insurance Corp. is seeking public comment on brokered deposit regulations as it conducts a comprehensive review of the definition and interest rate regulations.

It is inviting comment on all aspects of brokered deposit and interest rate regulations, including on products that should or should not be classified as brokered.

The agency said the review is needed because of significant changes in technology, business models, the economic environment and products. It added that it continues to receive questions from banks about the definition of "deposit broker" and regulatory exceptions because of advancement in technology, business practices and products.

The FDIC said that while most institutions use brokered and higher-rate deposits prudently, these products can sometimes facilitate a bank's rapid growth in risky assets without sufficient controls. It updated its study on core deposits with new data, which it said confirmed its 2011 findings that higher brokered deposit use is sometimes associated with higher probability of bank failure and higher insurance fund loss rates.

However, the FDIC acknowledged that most banks are well-capitalized and want to use the deposits prudently.

"[T]he FDIC also recognizes that institutions sometimes are concerned that the use of brokered deposits can have other regulatory consequences, such as implications for deposit insurance pricing in certain circumstances, or may be viewed negatively by investors or other stakeholders," the regulator wrote in its 88-page advance notice of proposed rulemaking and request for comment.

The FDIC is soliciting comments on brokered deposit regulations for 90 days after publication in the Federal Register.