Martin Gruenberg

• FSOC Warns About Low Interest Rate Environment Ramifications

  By Elizabeth Festa  |  August 1, 2012

  With U.S.Treasury Secretary Tim Geithner due to address the House Financial Services Committee, July 25, on the annual report of the Financial Stability Oversight Council (FSOC), a Dodd-Frank Act requirement, expect some cautionary words about the health of the insurance industry and concerns surrounding the euro.

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  FSOC Warns About Low Interest Rate Environment Ramifications

  By Elizabeth Festa  |  July 24, 2012

  The FSOC skirts around life insurer reserve issues by noting that the life insurance industry has reduced its minimum guarantees over time, but products sold when interest rates were higher represent a continued drag on profits, the FSOC notes.

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  FDIC Head Outlines Strategy for Seizing Firms

  By Marcy Gordon  |  May 11, 2012

  The next time a big bank or financial firm fails, regulators hope to avoid a major blow to the economy by seizing the firm's parent company while allowing its healthy subsidiaries to continue operations, the head of the Federal Deposit Insurance Corp. says.

• Bank Earnings Hit Highest Level in 4 Years

  By Derek Kravitz  |  November 22, 2011

  The Federal Deposit Insurance Corp. said the banking industry earned $35.3 billion in the third quarter. That's up from $23.8 billion in the same period last year.