In the three months following the agreement, Blue Owl's managed funds are anticipated to close on transactions valued up to $600 million in aggregate, with additional purchases expected to execute ...

The U.S. banking industry reported $70.6 billion in profits in the first quarter of 2025, a jump of 5.8% from the previous quarter, the Federal Deposit Insurance Corporation reported Wednesday.

WASHINGTON (Reuters) -The U.S. banking industry reported $70.6 billion in profits in the first quarter of 2025, a jump of 5.8% from the previous quarter, the Federal Deposit Insurance Corporation ...

The story of Yotta, a fintech that lured savers with the chance to win cash prizes, has raised serious questions about the reliability of FDIC insurance.

If you keep more than $250K at any one bank, you might worry whether your money is fully protected by the FDIC. See 6 simple ways to insure your excess deposits.

Four senators argued DOGE’s presence could threaten the $137 billion Deposit Insurance Fund, potentially undermining the FDIC's ability to oversee orderly bank resolutions.

Like the other U.S. bank agencies, the Fed has swept the decks of previous directives to bankers that they get sign-offs from the regulator for crypto activity.

Bank Of America To Pay $540M Amid Federal Deposit Insurance Corporation Lawsuit Bank of America claimed its company's intent was not to avoid any payments to the Federal Deposit Insurance Corporation.

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 federal judge ordered Bank of America to pay $540.3 million in a long-running Federal Deposit Insurance Corporation lawsuit accusing the second-largest U.S. bank of underpaying what it owed for ...

Deposit insurers like the FDIC cover losses for deposits in the event of a bank failure. In theory, this coverage is capped at $250,000 in the U.S. and $100,000 in Canada.

Just over half of American consumers visit a bank branch up to four times a year, according to a study by Rivel Banking Research.