Bank of America claimed its company's intent was not to avoid any payments to the Federal Deposit Insurance Corporation. Bank of America faces a $540 million bill after a federal judge ordered the ...

With the average savings account paying 0.42%, according to the Federal Deposit Insurance Corporation (FDIC), it might feel a ...

A federal judge declined to vacate an agreement the Consumer Financial Protection Bureau made with Townstone Financial to ...

A lawsuit filed in June 2023 claimed that the failed bank’s executives and auditor made misleading statements about the ...

While Fed rate decisions influence what you earn on savings, the type of bank and account you choose matters more than the ...

When a Chicago bank crashed, delivering a major blow to the Deposit Insurance Fund, regulators said they suspected fraud. Historically, that's a common story.

Whether it's crypto's access to banking or the issuance of stablecoins, new Fed supervision chief Michelle Bowman will have a ...

President Donald J. Trump recently announced that, while his administration intends to “privatize” Fannie Mae and Freddie Mac ...

The government is actively considering a hike in the deposit insurance limit for bank deposits from the present level of Rs 5 lakh within the next six months, a senior finance min ...

Bank of America faces a $540 million bill after a federal judge ordered the financial institution to pay up on Monday amid a federal lawsuit. The ruling comes after the Federal Deposit Insurance ...