The Daily Dig for Thursday, July 24

FDIC proposes Basel III compliance regs

The FDIC has issued a notice of proposed rulemaking to revise its risk-based deposit insurance assessment system to reflect the final Basel III capital rule.  They will be accepting public commentary.  Read the release here.

NY Fed upset with Deutsche Bank data quality

The New York Fed has rebuked Deutsche Bank after a continuous flow of poor-quality data.  Jenny Strasburg explains.

Crowdfunding campaign created to help Detroiters pay overdue water bills

Things continue to be tough in Detroit.  It is so bad other people are helping some who are down on their luck pay their water bills.  Amanda Holpuch reports.

Danae Ringelmann shares thoughts on crowdfunding industry

Danae Ringelmann can have a conversation about anything, especially crowdfunding-related.  One exception: passing judgement on the merits of a campaign.  Thomas Lee has more.

Alternatives to big bank fees exist

You do not have to be beholden to the big banks and the exorbitant fees they charge for everything.  Carol Kopp explores alternatives.

Wall Street earnings through bond sales to feds top $650 billion

One group that will see QE off at the station with a teary goodbye are the big banks, who pocketed big bucks selling bonds to the Fed during the program.  Stephen Gandel investigates.

 

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