BlackRock Critiques FDIC Proposal: A Potential Threat to Investors and Banks

BlackRock Critiques FDIC Proposal: A Potential Threat to Investors and Banks
2 months ago

In a significant development for the financial sector, BlackRock, the world's largest asset manager, has raised concerns regarding a recent proposal put forth by the Federal Deposit Insurance Corporation (FDIC). The firm argues that these new measures could inadvertently increase costs for banks and harm investors, thereby reshaping the landscape of the financial industry.

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Small Businesses Favor Human Interaction Over Technology, FDIC Reports

Small Businesses Favor Human Interaction Over Technology, FDIC Reports
3 months ago

Whereas much of the advancements in technology support rapid development in financial services, the latest report from the Federal Deposit Insurance Corporation still found that the most pressing issue with banking service providers for small businesses was decidedly about people contact. These findings put a bright light on the enduring importance of personal contacts in the financial needs of the small enterprise.

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