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 Federal Deposit Insurance Corp. is an independent federal agency that oversees and regulates U.S. banks while insuring deposits. At FDIC-insured institutions, each depositor is insured for up ...

(Bloomberg) -- The Federal Deposit Insurance Corp. is looking for ways to cut staffing by as much as an additional 20% as part of Elon Musk’s DOGE cost-cutting, according to people familiar with ...

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 ...

Bank of America must pay over half a billion dollars to the Federal Deposit Insurance Corp. for underpaying deposit insurance to the agency, a federal judge has ordered in an eight-year-old case.

Established during the Great Depression, the Federal Deposit Insurance Corp (FDIC) ensures that your bank deposits are safe, even if a bank goes under. The FDIC — which is funded by premiums ...

Bank of America has been ordered to pay the Federal Deposit Insurance Corp. $540.3 million in a yearslong lawsuit in which the bank regulator accused the lender of underpaying its deposit ...

April 14 (Reuters) - A federal judge ordered Bank of America (BAC.N), opens new tab to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second ...

See how we rate banking products to write unbiased product reviews. The Federal Deposit Insurance Corporation is a government agency that protects consumers' money and regulates financial ...

Jonathan Mackey, 46, an employee of the Federal Deposit Insurance Corporation, was arrested by U.S. Immigration and Customs Enforcement on charges related to the sexual exploitation of children.