THE deposit insurance fund (DIF) of the banking system is "in good shape," providing adequate protection for depositors despite a hefty remittance to the Bureau of the Treasury (BTr), Philippine ...
The US government’s bedrock fund meant to protect depositors in the event of a bank failure is poised to reach its legal target ratio by the end of 2025 — about three years ahead of schedule. The ...
WASHINGTON, DC - AUGUST 18: The entrance to the Federal Deposit Insurance Corporation (FDIC) is seen on August 18, 2024, in Washington, DC. (Photo by J. David Ake/Getty Images) Banks aren’t in the ...
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 ...
JPMorgan Chase reported its best-ever annual profit and forecast higher-than-expected interest income for 2024 even as quarterly profit fell due to a $3 billion charge the bank took to replenish a ...
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 ...
WASHINGTON -- The head of the Federal Deposit Insurance Corp. has warned that the fund insuring Americans' bank deposits could be wiped out this year without the money the agency is seeking in new ...
The Federal Deposit Insurance Corp. said the cost of 2010's 157 bank failures to the deposit insurance fund was $24.18 billion, about a $2 billion increase from a previous estimate, announced data ...
Ten years after the financial crisis, the Federal Deposit Insurance Corporation has finally filled its reserve of cash set aside to address bank failures. The Federal Deposit Insurance Corporation, ...
Legislation was introduced in the U.S. Senate last month that would raise the federal deposit insurance limit on non-interest-bearing transaction bank accounts from $250,000 to $10 million that's a ...