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FDIC Reports On "U.S. Banking In A Global Economy"
The ongoing integration of the global economy presents new business opportunities for FDIC-insured institutions as well as new business risks—including those related to the emergence of large international financial imbalances, the FDIC reported in its Summer 2005 edition of FDIC Outlook released today.
A series of reports by FDIC analysts in this issue of FDIC Outlook addresses several different aspects of expanding global trade and finance, including:
The Summer 2005 edition of FDIC Outlook is available on the Web at: www.fdic.gov/bank/analytical/regional/index.html.
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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 8,930 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars – insured financial institutions fund its operations.
FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDICís Public Information Center (877-275-3342 or (703) 562-2200).
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