American Banker2h
FDIC's Synapse rule, a Treasury breach: Top tech news January 2025
Pressing tech items across banking include the Federal Deposit Insurance Corp.'s impending Synapse rule and Regions Bank's ...
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 ...
bankingdive7d
Dive Deposits: FDIC’s Hill wastes little time in re-prioritizing
The agency’s acting chief laid out his aim for transparency in fintech partnerships, a faster bank merger approval process ...
Monitordaily1d
FDIC Approves Merger Application for WesBanco to Acquire and Merge with Premier
The Federal Deposit Insurance Corporation approved a Bank Merger Act application submitted by WesBanco Bank to acquire and ...
American Banker12d
FDIC sues 17 former SVB leaders for negligence leading to failure
The lawsuit alleges mismanagement and fiduciary breaches caused SVB's 2023 collapse, costing the Deposit Insurance Fund $23 ...
bankingdive12d
FDIC sues 17 ex-SVB executives in alleged ‘gross negligence’
The complaint filed Thursday includes the former CEO and CFO of the failed California-based bank, four other ex-executives ...
FDIC Sues Ex-SVB Executives for Billions Over Bank’s Collapse
The Federal Deposit Insurance Corp. sued more than a dozen former Silicon Valley Bank executives for “egregious mismanagement ...
The Daily Hodl11d
US Banking Regulator FDIC Hits Bank With $20,448,000 Penalty – About a Quarter of the Lender’s Total Assets
The Federal Deposit Insurance Corporation (FDIC) is penalizing a Weir, Kansas-based bank with a monetary fine equal to over a ...
The Daily Hodl5d
Bank Abruptly Shut Down by US Authorities in First Bank Failure of 2025
US regulators have abruptly shut down a bank in Illinois in the first bank failure of 2025. The Federal Deposit Insurance ...
Crowdfund Insider3d
Cross River Introduces Service to Access FDIC Insurance Coverage on Large Deposits via Automated Sweeps
Cross River Bank, a tech infrastructure provider that offers embedded financial solutions, announced the launch of its ...
JD Supra2d
Kansas Bank's Suit Could Upend FDIC Enforcement Authority
On Nov. 19, 2024, the Federal Deposit Insurance Corp. issued a notice of assessment finding that between December 2018 and August 2020, CBW Bank — ...