A class-action lawsuit against the bank's top executives and its auditor in connection with its 2023 failure was dismissed by ...

When a Chicago bank crashed, delivering a major blow to the Deposit Insurance Fund, regulators said they suspected fraud.

Consumer financial technology company Chime said its 32 million-share initial public offering priced at $27 per share, above the expected price range of $24 to $26 a share. The company works with two ...

A seismic shift in Federal Deposit Insurance Corp. policy for handling a failing national or regional bank — foremost securing an acquirer as quickly as over a weekend — is stirring memories ...

Established during the Great Depression, the Federal Deposit Insurance Corp (FDIC) ensures that your bank deposits are safe, even if a bank goes under. The FDIC — which is funded by premiums ...

A unanimous U.S. Supreme Court on Friday agreed with a former Chicago politician that a federal law prohibiting "false statements" to the Federal Deposit Insurance Corp. does not cover misleading ...

Peoples Bank agreed to a consent order with the Federal Deposit Insurance Corp. and the Indiana Department of Financial Institutions that alleges “unsafe and unsound banking practices” with ...

The Federal Deposit Insurance Corp., an independent federal agency, serves several functions. Arguably its most important job is insuring money you’ve deposited at an FDIC-member bank.

Whether it's crypto's access to banking or the issuance of stablecoins, new Fed supervision chief Michelle Bowman will have a ...

The Federal Reserve Board and the Federal Deposit Insurance Corp. have withdrawn several statements regarding banks’ crypto-related activities in an effort to support innovation and clarify ...