The FDIC on Thursday sued 17 former executives and directors of Silicon Valley Bank, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary duty that caused ...

FDIC head who oversaw alleged 'toxic culture' to stay until his replacement. Experts say that risks more harm A probe found allegations of sexual harassment and discrimination at the agency.

FDIC insurance is backed by the full faith and credit of the U.S. government. The FDIC insures up to $250,000 per depositor, per FDIC-insured bank, per ownership category.

The Federal Deposit Insurance Corporation (FDIC), which protects insured bank deposits, may be facing changes. According to CNN, in late 2024, then-President-elect Donald Trump’s allies were ...

Warren declined to say whether she is speaking with the White House about a plan to lift FDIC insurance levels above its $250,000 cap, but said "it is one of the options that's got to be on the ...

FDIC FDIC likely subject to EO on federal workforce reduction By Ebrima Santos Sanneh February 13, 2025, 7:23 a.m. EST 4 Min Read Bloomberg News ...

Let’s take a look at why and when the FDIC was established. Two words help explain why: bank run. What is a bank run? A bank run occurs when a large group of depositors — fearing their bank ...

All of the anonymous men involved in these incidents remain employed at the FDIC, according to the Journal. The toxic work environment and lack of punishment has left female employees feeling they ...

The Federal Deposit Insurance Corporation is doing what it was designed to do when banks like Silicon Valley and Signature go under: cover insured deposits. Here’s how the FDIC works and why it ...

The FDIC has issued final regulations that, as of April 1, 2024, will change how bank accounts held in the name of a trust will be insured. This rule change treats both revocable and irrevocable ...

A week after Signature Bank failed, the Federal Deposit Insurance Corporation said it has sold most of its deposits to Flagstar Bank, a subsidiary of New York Community Bank.