News

The Federal Deposit Insurance Corporation (FDIC) announced plans to eliminate approximately 1,250 positions across most of its departments. This, according to an internal email that was reportedly ...
According to the email, sent internally Thursday afternoon to FDIC staff by Dan Bendler, the FDIC's Deputy to the Chairman and Chief Operating officer, a small cohort of full-time government employees ...
Instead, the regulator will look for updated resolution plans focused “more specifically on providing the FDIC the information it needs to rapidly market the institution and, if needed ...
The Federal Deposit Insurance Corporation (FDIC) has issued new guidance allowing banks it supervises to engage in bitcoin and crypto activities without seeking pre-approval. This reverses a ...
The Federal Deposit Insurance Corp. will no longer instruct banks to get prior sign-off before they engage in crypto activities — a standard that was set in 2022 and that effectively severed ...
The board also separately gave institutions more time to comply with a portion of a finalized rule regarding display of the FDIC logo on digital channels. The FDIC adopted a final rule in December ...
The U.S. Federal Deposit Insurance Corporation (FDIC) on Wednesday released 175 documents detailing its supervision of banks involved in or seeking to engage in crypto-related activities.
The Federal Deposit Insurance Corporation (FDIC), the regulatory body overseeing banks in the United States, has released 790 pages of additional correspondence related to firms offering crypto ...
A clash between BlackRock (BLK) and the Federal Deposit Insurance Corporation (FDIC) over the money manager’s holdings of US banks will now play out in the waning days of President Joe Biden’s ...
The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial system shaken by the failure of thousands of banks. Today, during a time of ...
One of the ideas involves getting rid of the Federal Deposit Insurance Corp. In interviews with candidates to lead the FDIC and the Office of the Comptroller of the Currency (OCC), Trump advisers ...
So how can you trust that your money is safe in your bank? The FDIC helps with that. You may have noticed that bank advertisements typically include the phrase "FDIC-insured" or "member FDIC." ...