Why banks fail: Outgoing FDIC chief Martin Gruenberg assesses banking industry risks
By most measures, the nation's banking system is in solid shape, with just two failures in 2024. Yet the outgoing chairman of ...
BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump ...
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BlackRock Gets FDIC Extension as Asset Managers Wait for a New Regulatory Regime
Late last year Vanguard Group entered into an agreement with the Federal Deposit Insurance Corporation as the regulator ...
Trump appoints Travis Hill as FDIC acting chair, White House says
Newly sworn-in President Donald Trump on Monday appointed Federal Deposit Insurance Corporation vice chair Travis Hill to ...
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Why banks fail: Outgoing FDIC chief Martin Gruenberg assesses banking industry risks
All in all, it’s a highly favorable backdrop for banks, as witnessed by a rising balance in the FDIC insurance fund and a mere two bank failures in 2024, out of more than 4,500 institutions.