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US regulators to plan how to rebuild FDIC

USREGULATORS will meet next week to discuss how to rebuild the deposit insurance fund, which has been depleted by a sharp increase in bank failures, the Federal Deposit Insurance Corporation (FDIC) said yesterday. <br /><br />The FDIC&rsquo;s board is expected to propose on 29 September and put out for public comment a number of options to replenish the fund, including tapping the agency&rsquo;s $500bn line of credit with the Treasury and levying additional fees.