The Federal Deposit Insurance Corporation (FDIC) has appointed Michael Krimminger as the agency’s new general counsel, effective immediately. In this capacity, he will head the legal division to oversee the legal work of regulatory issues, as well as FDIC transactions, litigation, and corporate and commercial claims.

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...