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FEDERAL DEPOSIT INSURANCE CORPORATION

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abtest

PDIC targets a sound shift from closure to liquidation

February 8, 2010 - 12:00am

The Philippine Deposit Insurance Corporation (PDIC) has proposed a seamless transition from bank closure to liquidation thereby eliminating the 90-day period of rehabilitation after bank closure, as an amendment...

Freeman Cebu Business

'Seamless transition' for bank closures eyed

February 2, 2010 - 12:00am

The Philippine Deposit Insurance Corp. (PDIC) is proposing what it calls “a seamless transition” from bank closure to liquidation thus eliminating the 90-day period of rehabilitation after bank clos...

Banking

Geithner, Bernanke at odds on consumer protection

July 27, 2009 - 12:00am

WASHINGTON (AP) — Treasury Secretary Timothy Geithner and Federal Reserve chairman Ben Bernanke staked out opposing sides Friday in a turf war over who should protect Americans from shady mortgage lending,...

Business

Obama economic adviser confident of US recovery in one year

March 22, 2009 - 11:14pm

WASHINGTON (Xinhua) -- Christina Romer, head of the White House Council of Economic Advisers, said on Sunday she was "incredibly confident" that the ailing US economy will recover within one year.

Boosting depositors confidence - A better stimulus package?

By Rey Gamboa | February 23, 2009 - 12:00am

As expected, problems spawned by the global financial debacle are just starting to unfold in the local environment.

Business