Barchart announced that U.S. banks still face $329 billion in unrealized losses. FDIC data revealed that U.S. banks reduced their unrealized losses from $361 billion in Q2 2023 to $329 billion in Q3.

In 2023, 38% of FDIC staff were considering leaving within the next 12 months, more than double that of 2020, compared with only 33% government-wide, the data shows. Sign up here. Only 39% of ...

Professor Manju Puri found that private equity companies turned around failed banks during the financial crisis, helping ...

Tens of thousands of Americans saved money in fintechs that said their money was FDIC insured. When things went wrong, that wasn't exactly true.

Acting Chair Travis Hill suggested the agency use total liabilities rather than insured deposits as the denominator in the ...

The Federal Deposit Insurance Corporation is doing what it was designed to do when banks like Silicon Valley and Signature go under: cover insured deposits. Here’s how the FDIC works and why it ...

The FDIC board on July 30 agreed to request information on deposit data that currently is not reported in the Federal Financial Institutions Examination Council’s Call Reports—including data ...

The Federal Deposit Insurance Corporation, or the FDIC, has guaranteed deposits — up to certain thresholds — at American banks since the early days of the New Deal in 1933. The agency’s ...

The FDIC was unable to find immediate buyers for some failed lenders such as Silicon Valley Bank, in part due to struggles providing comprehensive data to potential acquirers. In the case of First ...

A top Federal Deposit Insurance Corp. official said the ... at SVB’s finances after its closure on March 10. The so-called data room allows would-be buyers to perform due diligence on a bank ...