News

The Trump administration reportedly is considering folding the FDIC into the Treasury Department. In fact, Trump plans to ...
A lawsuit filed in June 2023 claimed that the failed bank’s executives and auditor made misleading statements about the ...
Shelia Bair, who chaired the Federal Deposit Insurance Corp. from 2006 to 2011, said that while post-crisis reforms may have ...
When a Chicago bank crashed, delivering a major blow to the Deposit Insurance Fund, regulators said they suspected fraud.
Consumer financial technology company Chime said its 32 million-share initial public offering priced at $27 per share, above the expected price range of $24 to $26 a share. The company works with two ...
Whether it's crypto's access to banking or the issuance of stablecoins, new Fed supervision chief Michelle Bowman will have a ...
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 ...
Peoples Bank agreed to a consent order with the Federal Deposit Insurance Corp. and the Indiana Department of Financial Institutions that alleges “unsafe and unsound banking practices” with ...
The Federal Reserve Board and the Federal Deposit Insurance Corp. have withdrawn several statements regarding banks’ crypto-related activities in an effort to support innovation and clarify ...
A seismic shift in Federal Deposit Insurance Corp. policy for handling a failing national or regional bank — foremost securing an acquirer as quickly as over a weekend — is stirring memories ...
A unanimous U.S. Supreme Court on Friday agreed with a former Chicago politician that a federal law prohibiting "false statements" to the Federal Deposit Insurance Corp. does not cover misleading ...