By most measures, the nation's banking system is in solid shape, with just two failures in 2024. Yet the outgoing chairman of ...

The Federal Deposit Insurance Corporation approved a Bank Merger Act application submitted by WesBanco Bank to acquire and ...

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.

Newly sworn-in President Donald Trump on Monday appointed Federal Deposit Insurance Corporation vice chair Travis Hill to ...

The Federal Deposit Insurance Corp.'s newly installed Acting Chairman Travis Hill issued a statement laying out his ...

SVB's collapse in March 2023, driven by depositor withdrawals and losses on long-term securities, cost the FDIC's Deposit Insurance Fund an estimated $23 billion. By the end of 2022, the bank reported ...

The FDIC has approved the merger of WesbanCo Bank Inc with Premier Bank, marking a significant step in the banking sector. This approval facilitates the consolidation of the two financial institutions ...