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Federal Deposit Insurance Corp. to Add 140 Workers to Bank-Failure Division As Crisis Deepens
Alan Zibel
March 25, 2008 - 11:59 a.m.
WASHINGTON (AP) - Federal bank regulators plan to increase staffing 60 percent in its bank failure division in coming months to handle an anticipated surge in troubled financial institutions.
The Federal Deposit Insurance Corp. wants to add 140 workers to bring staff levels to 360 workers in the division that handles bank failures, John Bovenzi, the agency's chief operating officer, said Tuesday.
"We want to make sure that we're prepared," Bovenzi said, adding that most of the hires will be temporary and based in Dallas.
...
Alan Zibel
March 25, 2008 - 11:59 a.m.
WASHINGTON (AP) - Federal bank regulators plan to increase staffing 60 percent in its bank failure division in coming months to handle an anticipated surge in troubled financial institutions.
The Federal Deposit Insurance Corp. wants to add 140 workers to bring staff levels to 360 workers in the division that handles bank failures, John Bovenzi, the agency's chief operating officer, said Tuesday.
"We want to make sure that we're prepared," Bovenzi said, adding that most of the hires will be temporary and based in Dallas.
...
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