FDIC Alters Bank Fee Calculations After Industry Outcry

Law360, New York (March 20, 2012, 6:29 PM EDT) -- The Federal Deposit Insurance Corp. on Tuesday proposed changes to how the nation's largest banks weigh the risks on their balance sheets used to calculate their quarterly assessment fees, just over a year after making changes that the banking industry called unworkable.

Under the proposed final rule, the FDIC would change some of the definitions of leveraged loans that would require a bank to pay more for the government guarantee on its deposits.

For example, the definition of leveraged loan would be changed to “higher-risk” securities...
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