As U.S. senators prepared to gather for a hearing about U.S. debanking of crypto clients, the interim chief of the Federal Deposit Insurance ...

The FDIC found favorably on those factors as well as additional requirements applicable to the transaction as an interstate merger under section 44 of the Federal Deposit Insurance Act.

Hill also said the FDIC should adopt a more balanced approach to banks' relationships with tech companies, focusing on supporting banks' evolution while ensuring sound risk management. In recent years ...

(Reuters) — The FDIC sued 17 former executives and directors of Silicon Valley Bank on Thursday, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary ...

FDIC seeks billions of dollars in damages Officials faulted for 'egregious mismanagement' Bank's demise sparked fears of banking crisis Jan 16 (Reuters) - The FDIC on Thursday sued 17 former ...

The FDIC did not respond to a request for comment on the letter or the negotiations. GETTING TOO BIG? BlackRock, Vanguard and State Street now collectively control some $26 trillion in assets.

The Federal Deposit Insurance Corporation (FDIC) will relocate from the Empire State Building to 147,543 square feet at 1166 Avenue of the Americas, Commercial Observer has learned. The government ...

FDIC Sues Ex-SVB Executives for Billions Over Bank’s Collapse Ex-CEO, CFO of Silicon Valley Bank accused of mismanagement Bank’s 2023 failure was biggest since 2008 financial crisis ...

He has served as the FDIC's vice chair since 2023. He previously was a senior adviser to then-FDIC Chairman Jelena McWilliams, who led the agency during Trump's first term. Hill takes over from FDIC ...

Travis Hill, the vice chair of the Federal Deposit Insurance Corporation, said in prepared remarks the FDIC needs a "new direction," which he expects will be ushered in at the beginning of ...