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July 18, 2025Ally Financial Inc. beats earnings expectations. Reported EPS is $0.99, expectations were $0.78. Operator: Good ...
The Federal Deposit Insurance Corporation (FDIC) announced plans to eliminate approximately 1,250 positions across most of its departments.
The regulators have withdrawn several statements regarding banks’ crypto-related activities in an effort to support innovation and clarify current policies.
Bank of America, with heavy presence in Charlotte, must pay for underpaying deposit insurance after a judge ruled in FDIC’s favor for assessments from 2013-2014.
A Department of Government Efficiency team is working with FDIC leadership to "increase efficiency," which could include cuts to contracts and streamlining staff. FDIC says DOGE staffers have ...
FDIC Streamlines Process for Cryptocurrency Activities by Banks It Regulates and Speculates on Additional Permissible Activities Matthew Bisanz, Joseph Castelluccio, Andrew Olmem, Jeffrey Taft ...
Travis Hill, acting chair of the Federal Deposit Insurance Corp., says the agency will waive a requirement in banks’ so-called living wills so they’re no longer built around a hypothetical ...
Another U.S. bank regulator has announced that banks do not need to receive advance permission to engage in some crypto-related activities.
The U.S. banking agency withdrew policies that contributed to crypto industry accusations that it pressured institutions to "debank" digital assets customers.
The FDIC issues new guidance allowing banks it oversees to engage in crypto services without seeking pre-approval. This reverses strict policies imposed under the Biden administration.
President Trump's sweeping cuts to the federal government are also threatening a key banking watchdog.
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