Federal Deposit Insurance Corp.

Advisers to President-elect Donald Trump are reportedly considering a significant restructuring of bank regulatory agencies. This potential overhaul could involve shrinking, consolidating, or even eliminating key financial watchdogs in Washington. What Happened: Discussions among Trump...

The six biggest banks in the U.S. have not let this week’s stress tests on capital levels deter them from returning value to shareholders. JPMorgan Chase & Co. (NYSE:JPM), Bank of America Corporation (NYSE:BAC), Wells Fargo & Company (NYSE:WFM), Citigroup Inc. (NYSE:C), U.S. Bancorp (...

Bank regulators have uncovered faults in living wills provided by major U.S. banks: Bank of America Corp. (NYSE:BAC), Citigroup. (NYSE:C), The Goldman Sachs Group, Inc. (NYSE:GS) and JPMorgan Chase (NYSE:JPM). What Happened: The Federal Deposit Insurance Corporation and the Federal Reserve Board...

New York Community Bancorp, Inc. (NYSE: NYCB) strategic acquisitions, solid loan and deposit balances, manageable debt level, and robust liquidity are likely to keep supporting financials. Yet, increasing expenses, deteriorating asset quality and geographic concentration are headwinds. New...

New York's chief banking regulator, Superintendent Adrienne Harris, refuted the claim that Signature Capital Corp.'s (NYSE: SI)(Signature Bank) failure was due to its involvement in the cryptocurrency sector during her appearance before a U.S. Congressional committee on Wednesday...

Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, said that she does not believe the digital assets sector should be blamed for the recent collapses of SVB Financial Group's (NASDAQ: SIVB) Silicon Valley Bank and Signature Bank (OTC: SBNY)....

Mark Cuban highlighted the risks associated with limited coverage extended by the Federal Deposit Insurance Corporation or FDIC.  What Happened: The “Shark Tank” fame billionaire said in a Twitter interaction on Monday, “Effectively every employee of every non federal ...

Banks are beginning to fail at a slower rate, as for the second time in recent memory, just one bank has been shut down by the Federal Deposit Insurance Corp. (FDIC) this weekend, reports the San Francisco Chronicle. Palos Bank and Trust Co., based in Palos Heights, Illinois was shut down over...

The Federal Deposit Insurance Corp. (FDIC) decided on Tuesday morning to propose charging banks fees that are tied to the banks' risk taking. The move would see fees for riskier banks increased, while fees for smaller banks and safer big banks could be lowered. The new method would do away with the...