The Federal Deposit Insurance Corporation is advocating for an increase in the deposit insurance limit for business payment accounts following the three recent bank failures. Currently, the FDIC ...

Last year, the Federal Deposit Insurance Corp. deliberated over whether to tap Microsoft Corp. as its primary cloud provider. Three key officials involved in the discussions, or their family ...

According to a press release, U.S. District Judge Loren AliKhan’s 59-page decision resolves a long-running lawsuit filed by the Federal Deposit Insurance Corporation in 2017, which claimed Bank ...

The risk of bank runs could be lowered if lawmakers accept a new proposal from the Federal Deposit Insurance Corp. to boost deposit-insurance protection for businesses above the current $250,000 ...

The $250,000 cap. The FDIC’s push for special business payment accounts has not caught on yet on the Hill, but Democrats and Republicans are interested in raising the $250,000 cap, with some ...

Senate Banking Chairman Sherrod Brown, D-Ohio, referred to the “magnitude of the uninsured deposits” in a March 16 letter to the Treasury Department, Federal Reserve and Federal Deposit ...

FDIC insurance covers up to $250,000 on individual deposit accounts in the event that the bank fails. That’s why many people prefer to keep their bank account balances under $250,000 .

Federal lawmakers charged with overseeing the U.S. banking industry say it may be time to take a look at hiking the deposit amount the Federal Deposit Insurance Corporation (FDIC) covers, after a ...

Discover Financial Services’ stock fell more than 13% in the after-hours trading Wednesday after the company reported better-than-expected quarterly earnings but disclosed a Federal Deposit ...