FDIC

The Federal Deposit Insurance Corporation is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions.

Source: fdic.gov

FDIC Wants Regional Banks to Issue $70 Billion in Fresh Debt
FDIC Wants Regional Banks to Issue $70 Billion in Fresh Debt
August 29, 2023  |  Debt

In the spring, two formerly obscure acronyms, SVB and FDIC, became household names. Get the Full Story Complete the form to unlock this article and...

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SVB Financial Pushes To Escrow $2B in Seized FDIC Funds
SVB Financial Pushes To Escrow $2B in Seized FDIC Funds
August 15, 2023  |  Legal

Embattled lender SVB Financial, which is embroiled in a dispute with the U.S. Federal Deposit Insurance Company (FDIC), says it is losing $8.5 million a...

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Discover Financial CEO Resigns Amid Regulatory Review
Discover Financial CEO Resigns Amid Regulatory Review
August 15, 2023  |  Credit Cards

Discover President and CEO Roger Hochschild has resigned from his post. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Clearco’s Original Venture Backers Purchase $60 Million SVB Loan
Clearco’s Original Venture Backers Purchase $60 Million SVB Loan
August 04, 2023  |  Digital-First Banking

The original venture backers of Canadian eCommerce lender Clearco are reportedly buying a loan made to the company by Silicon Valley Bank (SVB). Get the Full Story Complete the...

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JPMorgan CEO Jamie Dimon: New Bank Capital Requirements ‘Hugely Disappointing’
JPMorgan CEO Jamie Dimon: New Bank Capital Requirements ‘Hugely Disappointing’
August 03, 2023  |  Banking

The head of America’s biggest bank said new capital requirements may have slowed economic growth. Get the Full Story Complete the form to unlock this...

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Will Big Bank Capital Requirements Help Smaller FIs, FinTechs Gain Small Business Lending Share?
Will Big Bank Capital Requirements Help Smaller FIs, FinTechs Gain Small Business Lending Share?
July 26, 2023  |  Loans

As banks — especially larger players — grapple with a new capital reality, the opportunity may be there for smaller financial institutions (FIs) and FinTechs...

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FDIC Warns Banks Over Estimated Uninsured Deposit Inaccuracies
FDIC Warns Banks Over Estimated Uninsured Deposit Inaccuracies
July 24, 2023  |  Banking

The Federal Deposit Insurance Corporation (FDIC) said some banks have been incorrectly reporting their estimated uninsured deposits. Get the Full Story Complete the form to unlock this...

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SVB Financial Sues to Recover $1.9 Billion From FDIC
SVB Financial Sues to Recover $1.9 Billion From FDIC
July 10, 2023  |  Bank Regulation

Silicon Valley Bank’s parent company says America’s banking watchdog owes it $1.9 billion. Get the Full Story Complete the form to unlock this article and...

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Yellen Predicts More Bank Mergers This Year
Yellen Predicts More Bank Mergers This Year
June 25, 2023  |  Banking

Rising interest rates and a recent banking crisis could lead more lenders to merge this year. Get the Full Story Complete the form to unlock...

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