The Federal Deposit Insurance Corp. has advanced a plan (The Deal Pipeline subscription required) to penalize banks that have compensation practices it believes encourage risky investments. The agency voted 2-3 to seek public comment on the measure. Jess Varughese, managing partner at the financial services consulting firm Milestone, says should the FDIC proposal become reality, it would have the greatest impact on regional and local banks. See the video below or download it at iTunes. - Suzanne Stevens
