JP Morgan Chase takes over First Republic Bank after regulatory bidding. How will the FDIC insurance fund be impacted?

JPMorgan and Bank of America “debanked” President Trump for his role in the January 6 riot following pressure from the Biden ...

Many of the bank’s deposits, however, were uninsured as they were above the $250,000 limit set by the FDIC. If First Republic were to fail, its depositors might not get all their money back ...

The Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) today released the public sections of ...

Since Signature didn't break any laws and crypto has been legitimized, isn’t it time for the money that the FDIC collected to ...

Republic Bank is the first U.S. bank failure this year; the last failure was Citizens Bank, Sac City, Iowa, on November 3, 2023.” Republic Bank did not immediately respond to a request for comment.

A bank that had $10 billion in uninsured deposits would pay $6.25 million a year. The FDIC estimates that 113 banks would be subject to the proposed fees.

In a move poised to reshape the regulatory landscape for U.S. banks, the Federal Deposit Insurance Corporation (FDIC) has signaled support for ...

The FDIC is planning to take ownership over First Republic Bank imminently and says that there's no time for the bank to go after a private sector rescue, according to a report from Reuters.

The FDIC asked banks including JPMorgan Chase & Co (JPM.N) and PNC Financial Services Group (PNC.N) to submit final bids for First Republic Bank by Sunday, Bloomberg News reported on Saturday.

The FDIC has made key changes based on its experience with the filings over the last decade generally and the 2023 spring bank failures specifically. The changes are important for all CIDIs.