There are lots of ways to define the word "rich." To some, it might mean earning six figures or having $1 million in the bank ...

Among the changes in store once President-elect Donald Trump takes office could be the closure of the Federal Deposit Insurance Corporation or the Consumer Financial Protection Bureau. There is ...

The FDIC was created in response to thousands of bank failures nearly 100 years ago. It ensures depositors for certain account types up to $250,000 at more than 4,500 member banks.

The Federal Deposit Insurance Corp. (FDIC) is responsible for insuring consumer deposits against bank failures — and for preventing those failures in the first place. Since its creation 92 years ...

The proposal will temporarily reinstate the merger policy that was in effect prior to 2024 as the FDIC conducts a broader reevaluation of its bank merger review process, the agency said.

Since the collapses of Silicon Valley Bank and Signature Bank, coverage from the Federal Deposit Insurance Corporation (FDIC) has been in the spotlight. The FDIC protects up to $250,000 per ...

Key presidential advisers have let it be known that they have their eyes on the Federal Deposit Insurance Corporation (FDIC). The focus for now is the “efficiency” of this independent agency ...

Meanwhile, the SEC has already signaled a rollback of rules that previously kept banks from holding bitcoin on their balance sheets, and the FDIC is under pressure to revise guidelines that made ...

Staff at the FDIC, which monitors banks nationwide and backstops bank deposits via its insurance fund, were notified Tuesday morning of the firings. In an email seen by Reuters, staff were told ...