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

The FDIC is asking other banks for potential bids on First Republic if the regulator were to seize the bank, sources told Faber. There is still hope for a solution that doesn't include ...

The last occurred when Republic First Bank in Philadelphia, Penn., failed on April 26, 2024. In Oklahoma, the last bank failure was The Freedom State Bank in Freedom, Okla., on June 27, 2014.

The FDIC said First Citizens was getting the $72 billion in SVB loans at a discount of $16.5 billion. About $90 billion in securities and other assets that were owned by SVB will remain in ...

🔍 Look out for digital FDIC signs in 2025. Starting on January 1, 2025, the FDIC will require banks to display a sign near any mention of the bank’s name on a bank’s website or app.

Under Dodd-Frank, the FDIC can issue guarantees to financial firms not in receivership only upon explicit prior congressional approval. 13 In other words, to provide financial support to "solvent ...

On July 24, FDIC Vice Chairman Travis Hill addressed changes at the FDIC during the past 18 months. Hill discussed challenges the Federal Reserve faced in providing bank liquidity due to banks ...

Ltd., 538 B.R. 692, 696 (D. Del. 2015) (a foreign bank whose representative offices in the United States had all been closed more than 10 months before the chapter 15 petition date was not ...

The FDIC, formed in 1933 during the Great Depression, is an independent government agency that insures deposits at U.S. member banks, ensuring depositor safety for customers in case of bank failure.

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

In April the Federal Deposit Insurance Corporation published a detailed plan for resolving failures of systemically important bank holding companies under Title II of the Dodd-Frank Act. The FDIC's ...

A man walks past a branch of Signature Bank in New York City on March 13, 2023. After Signature Bank collapsed during the 2023 regional banking crisis, the Federal Deposit Insurance Corp. said it ...