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The acting chair argued for a simplified capital hike, criticized past approaches to bank mergers and signaled movement on ...
On May 20, the FDIC announced its intent to rescind the 2024 Statement of Policy and reinstate its prior Bank Merger Statement of Policy.
The Trump administration is preparing to roll back a key financial safeguard imposed after the 2008 crisis, in a move ...
The FDIC’s 4,462 insured banks saw a 1.16% return on assets and net income of $70.6 billion in the first quarter.
The FDIC said overall loan growth remained subdued, rising just 0.5 per cent quarter on quarter and 3 per cent year on year, falling short of the 4.9 per cent pre-pandemic average.
The U.S. banking industry reported $70.6 billion in profits in the first quarter of 2025, a jump of 5.8% from the previous ...
The quarterly data showed bank profits were driven by gains at large firms while credit quality remained mixed, with ...
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