The FDIC has issued final regulations that, as of April 1, 2024, will change how bank accounts held in the name of a trust will be insured. This rule change treats both revocable and irrevocable ...

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

"The FDIC plans to reduce staffing by approximately 1,250 positions across most divisions and offices," the email told employees. "Some of these abolished positions include those eliminated through ...

The FDIC firings mark the latest in a sweeping effort across the federal government, as thousands of new hires have been fired by the Trump administration as part of an effort to radically cut ...

Female FDIC workers claim they were pressured to drink, sent photos of male colleagues’ genitals: WSJ By . Shannon Thaler. Published Nov. 13, 2023, 4:23 p.m. ET. Explore More ...

The Federal Deposit Insurance Corporation (FDIC), which protects insured bank deposits, may be facing changes. According to CNN, in late 2024, then-President-elect Donald Trump’s allies were ...

CDs are insured up to $250,000 by the FDIC, just like savings and checking accounts. But there are some limits and restrictions you should be aware of. For instance, brokered CDs are not always ...

McKernan said in an interview he believes it is time to turn the page on FDIC leadership. "In the past, the FDIC has too often brushed wrongdoers under the rug, moved them around, or even promoted ...

The Federal Deposit Insurance Corporation (FDIC) has long been a cornerstone of financial security for Americans. However, recent actions by President Donald Trump have raised concerns about ...

The White House said Monday that the chairman of the Federal Deposit Insurance Corporation will step down in the wake of a damning report about the agency's toxic workplace culture .

FDIC Chair Martin Gruenberg is also a focus of the report, which claims he treated staff in a "demeaning and inappropriate manner." Latest U.S.