It provides expanded FDIC insurance coverage up to $265 million. Typically, the FDIC only insures accounts up to $250,000. For this reason, high-net-worth individuals have to manage multiple bank ...

FDIC limits federal insurance to $250,000 per customer at an insured bank. Since your brokerage account can hold CDs from multiple banks, you can protect amounts beyond a single bank's FDIC limit.

Lisa Rowan is a former Lead Editor, Consumer Finance at Forbes Advisor. She previously served as a senior staff writer and deputy editor for the vertical. Lisa has worked as the Two Cents personal ...

Terminated employees received letters notifying them of the end of their employment with the FDIC, with a Tuesday effective date. “The FDIC finds that you have not demonstrated that your further ...

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 ...

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 ...

FDIC Fires New Employees as Part of Broader Government Layoffs By Pete Schroeder WASHINGTON (Reuters) - Several employees were fired from the Federal Deposit Insurance Corporation Monday evening ...

The FDIC then terminated probationary employees, the outlet reported Monday, though the number of employees affected remained unclear. An FDIC spokesperson on Friday did not detail how deeply certain ...

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 ...

Around 8% of FDIC workforce took deferred resignation offer FDIC already facing staff shortage of bank examiners Around 500 employees at the Federal Deposit Insurance Corp., or about 8% of its ...