The guaranteed deposits extend beyond the Federal Deposit Insurance Corporation (FDIC) fund insurance that promises depositors' funds up to $250,000 will be covered, and only a very small ...

WASHINGTON — The Federal Deposit Insurance Corporation on Monday recommended that Congress consider expanding its regulatory powers to backstop certain deposits so that it could prevent bank runs.

Uninsured depositors at Silicon Valley Bank and Signature Bank didn't lose money, but allowing that to happen caused a $20-billion hit to the FDIC's insurance fund, with repayment of the expense ...

After the recent collapses of Silicon Vally Bank parent SVB Financial and Signature Bank, there have been calls for some form of blanket insurance on all U.S. bank deposits.

In the wake of the Silicon Valley Bank collapse, some lawmakers have floated raising the Federal Deposit Insurance Corporation's deposit insurance cap of $250,000 if another catastrophic bank ...

Currently, the Federal Deposit Insurance Corp (FDIC)guarantees deposits of up to $250,000 per person, per bank. That limit was enshrined in law by the 2010 Dodd-Frank reform law passed following ...

Fifth Third Bank said the auto insurance practices singled out by the Consumer Financial Protection Bureau had already been voluntarily ended in 2019. (Stephen Zenner/SOPA Images/Sipa USA/AP) ...

Cadence Bank, which on Tuesday announced the sale of its insurance brokerage for $904 million in cash, expects to record proceeds of around $650 million after taxes and other costs. Cadence Bank is ...

Fifth Third Bank on Tuesday said it agreed to pay $20 million in penalties imposed by the Consumer Financial Protection Bureau to settle a CFPB investigation into its auto insurance practices, and ...

Cash deposits in checking, savings, CD and money market accounts are covered by FDIC insurance. You’re covered per depositor up to $250,000 per ownership category at each bank. For example, if ...

Expanding bank-deposit guarantees could come with risks, costs to consumers, experts say By Eleanor Laise Follow Last Updated: March 25, 2023, 10:59 a.m. ET First Published: March 24, 2023, 10:03 ...

Silicon Valley Bank’s failure makes many Americans grateful for deposit insurance, which protects accounts holding $250,000 or less. But the SVB episode also illustrates the dangers of deposit ...