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But just over a year ago, the California Department of Financial Protection and Innovation found that Mercury’s use of the Federal Deposit Insurance Corp.’s logo, @bankmercury Twitter handle ...
The FDIC has steadfastly and proactively sought to protect consumers /1/ by limiting the use of the FDIC's name, seal, and logo to insured depository institutions (IDIs) and preventing false and ...
When a bank or financial institution is federally insured, it will have the FDIC insurance logo on its website. The FDIC insures up to $250,000 per depositor, per institution, per ownership ...
July 28 (Reuters) - The U.S. Federal Deposit Insurance Corporation (FDIC) set in motion the sale of an $18.5 billion loan portfolio from Signature Bank this week, a set of loans linked to major ...
Following a tumultuous month for the banking sector, Sheila Bair, who was the FDIC Chair during the 2008 financial crisis, tells Ali Velshi that bank regulators need to be careful of a “moral ...
This is not smart economics. The FDIC - the Federal Deposit Insurance Company – was created in 1934 during the Great Depression after thousands of banks began to fail. Those who didn't lose ...
The Federal Deposit Insurance Corp. (FDIC) has proven to be a vital form of protection, as we saw earlier this year. In March, Silicon Valley Bank failed, followed quickly by Signature Bank.
President Joe Biden last month nominated Romero, a member of the Commodity Futures Trading Commission, to replace embattled FDIC Chair Martin Gruenberg. If confirmed, she would take over following ...
The FDIC, which insures bank deposits, failed to adequately oppose a claim that it owes those funds to the bank’s former parent, Silicon Valley Bank Financial Trust, US District Judge Beth ...
FDIC Director Says Agency’s Failed-Bank Auctions Could Do Better McKernan says the sale process should embrace non-banks Bank customers pay the price for leaving ‘value on the table’ ...
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