29 stories found
A federal court has ruled in favor of the FDIC, rejecting an investor's attempt to recover $1.71 billion from the collapsed Silicon Valley Bank, reinforcing the agency's resolution authority.
A US appeals court has revived a lawsuit concerning the collapse of Signature Bank, overturning an earlier dismissal despite objections from the FDIC.
Klarna has applied for an FDIC-insured Utah bank charter as part of its strategy to expand beyond its buy now, pay later services in the U.S. This move aims to offer a broader range of banking products, with the company formally applying for the license.
Klarna (KLAR) has expanded its financial services in the United States by launching FDIC-insured savings accounts, offering a competitive 3.28% APY.
US banks experienced a profit uptick in the first quarter, according to a report from the Federal Deposit Insurance Corporation (FDIC). This indicates a positive financial performance for lenders during the period.
Major U.S. banks, including JP Morgan, Bank of America, and Citi, have had their 'living wills' — plans for orderly dissolution in case of failure — cleared by the Federal Reserve and the Federal Deposit Insurance Corporation.
The Federal Deposit Insurance Corporation (FDIC) has granted approval, clearing the way for Stellantis to pursue its banking ambitions.
The Federal Deposit Insurance Corporation (FDIC) has put forth the GENIUS Act Framework, a new regulatory proposal intended for supervised depository institutions, outlining updated guidelines and requirements.
A new report highlights that loans extended to non-bank entities pose a significant threat of a banking crisis, with recent FDIC data for US banks in 2025 raising concerns.
Edward Jones has been granted approval by the FDIC for an industrial loan company (ILC) charter, allowing the financial services firm to expand its banking operations.
A federal judge dismissed a $1.71 billion lawsuit against the FDIC, ruling in favor of the bank regulator regarding liabilities tied to the Silicon Valley Bank collapse.
A married couple can insure up to $1 million at the same bank without opening additional accounts, exceeding the standard $250,000 individual limit.
Senator Elizabeth Warren has raised questions regarding Elon Musk's X Money, which promises a 6% APY and $10 million in FDIC coverage.
Revolut's U.S. banking arm is reportedly set to introduce FDIC-insured products and stablecoin offerings.
The Federal Reserve and the Federal Deposit Insurance Corporation have given their approval to the 'living wills' of the largest U.S. banks, outlining their plans for orderly resolution in case of failure.
Sheila Bair, former FDIC Chair, shared insights on the topic of finding a good workplace. Her commentary likely offers advice and perspectives on career development and job satisfaction.
This article explains the IntraFi network and its mechanism for protecting large deposits, extending coverage beyond standard FDIC limits.
The Federal Deposit Insurance Corporation (FDIC) has released new guidelines for financial institutions involved in the issuance of stablecoins, aiming to provide regulatory clarity.
Global financial technology company 'Revolut' announced on Thursday that it has submitted an application to the U.S. Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) for a U.S. banking license...
The Federal Deposit Insurance Corporation (FDIC) announced an increase in the number of banks on its 'Problem Bank List' during the fourth quarter of 2025.
In a Bloomberg interview, former FDIC Chair Sheila Bair shared her perspectives on current inflation dynamics and the shifting regulatory environment facing financial institutions.
First Citizens anticipates a $6 billion to $8 billion FDIC note paydown in Q3 2026, supported by its acquisition of BMO branches.
Bask Bank is providing FDIC-insured accounts that offer customers a choice between earning cash interest or American Airlines AAdvantage miles.
FDIC-insured banks have collectively reported a 3.6% increase in their net income for the first quarter of the year.
The Federal Deposit Insurance Corporation (FDIC) has put forth a proposed rule that would subject stablecoin issuers to existing bank secrecy regulations.
Stellantis has successfully obtained approval for an Industrial Loan Company (ILC) charter from the Federal Deposit Insurance Corporation (FDIC). This approval allows the automotive company to expand its financial services offerings.
A new bank, or 'de novo,' in Florida has been granted conditional approval by the Federal Deposit Insurance Corporation (FDIC).
The Federal Deposit Insurance Corporation (FDIC) is reportedly preparing to make a move regarding the regulation of stablecoins.
Edward Jones has secured approval from the FDIC to establish its own in-house U.S. bank, marking a significant expansion for the financial services firm.