Our Privacy, Cyber & Data Strategy and White Collar, Government & Internal Investigations Teams examine how the GENIUS Act’s framework for ...

FDIC issued guidance that embraces use of pre-filled customer data for Customer Identification Program (CIP) requirements.

On August 5, 2025, the Federal Deposit Insurance Corporation (FDIC) issued FIL-39-2025 to state that an FDIC-supervised institution can ...

The Federal Deposit Insurance Corp. has been cracking down on misrepresentation of deposit insurance in recent months. WASHINGTON — In an unusual alliance, banking trade groups and consumer advocates ...

A congressional bill introduced last week would allow financial regulatory agencies to experiment with artificial ...

Bank of America must pay $540.3 million for underpaying deposit insurance after a federal judge ruled in FDIC’s favor for assessments from 2013 to 2014.

During the Great Depression, from 1930 to 1933, approximately 9,000 banks failed, taking with them $7 billion in depositors’ assets, according to the FDIC. As a result, the Banking Act of 1933 — also ...

The House Financial Services Committee passed a number of bipartisan banking bills with wide margins, suggesting a growing consensus on how to handle issues like deposit insurance, de novo bank ...

Bank of America must pay $540.3 million for underpaying deposit insurance after a federal judge ruled in FDIC’s favor for assessments from 2013 to 2014. Daniel Tepper Bloomberg ...