The recently passed GENIUS Act of 2025 creates a new legal framework for licensing and regulating payment stablecoin issuers. The Act is explicit in stating that an insolvent payment stablecoin issuer ...

During the Great Depression, from 1930 to 1933, approximately 9,000 banks failed, taking with them $7 billion in depositors’ ...

The bank's failure is expected to cost the deposit insurance fund $667 million, but the FDIC said Fulton Bank acquiring Republic First Bank was the cheapest resolution.

Federal Deposit Insurance Corp. staff Thursday said the agency's Deposit Insurance fund reserve ratio — which measures the Deposit Insurance Fund, or DIF, balance compared to all FDIC insured deposits ...

Bank of America, with heavy presence in Charlotte, must pay for underpaying deposit insurance after a judge ruled in FDIC’s favor for assessments from 2013-2014.

The Federal Deposit Insurance Corp., which manages the fund by levying assessments on banks, is required by law to ensure the pool of money meets a reserve ratio of at least 1.35%. At the end of ...

Ohlrogge, an associate professor at New York University Law School, argues that when banks fail, the F.D.I.C. is not resolving them in the manner that is least costly to its Deposit Insurance Fund.

In late July 2024, the Federal Deposit Insurance Corporation (FDIC) board of directors proposed a rule that would revise its standards on banks accepting brokered deposits. The proposed rule would ...