News

The Trump administration reportedly is considering folding the FDIC into the Treasury Department. In fact, Trump plans to ...
Shelia Bair, who chaired the Federal Deposit Insurance Corp. from 2006 to 2011, said that while post-crisis reforms may have ...
The Federal Deposit Insurance Corp. has sent a draft proposal to revise the supplemental leverage ratio to the Office of ...
A lawsuit filed in June 2023 claimed that the failed bank’s executives and auditor made misleading statements about the lender’s financial conditions and reiterated its “safety and stability” ...
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 ...
First Republic Bank‘s former officers and auditor escaped a proposed class action after a federal judge ruled the investors ...
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 ...
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.
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 ...
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 ...
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 have withdrawn several statements regarding banks’ crypto-related activities in an effort to support innovation and clarify ...
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 ...