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FDIC SEIZURE
SVB Financial sues US FDIC to recover $1.93 bln seized in SVB rescueSVB Financial Group has sued the U.S. Federal Deposit Insurance Corp (FDIC) to recover the $1.93 billion the regulator seized during its ta...- JPMorgan to buy embattled First Republic Bank after seizure by regulatorsJPMorgan Chase & Co has agreed to buy First Republic Bank after the regulatory authorities took over the troubled lender. JPMorgan will ass...
- Why First Republic failed. Are other banks to follow?First Republic Bank, the second regional bank with assets over $200bn to fail in a few weeks after Silicon Valley Bank, was seized by the g...
- Regulators prepare to seize and sell First RepublicFederal regulators are looking to sell First Republic Bank before the market opens on Monday after its shares plummeted 75% since Monday. F...
- JPMorgan, PNC Financial eye First Republic Bank buyout, FDIC asks for final bids by SundayJPMorgan and PNC Financial Services Group are vying to buy First Republic Bank in a sale expected soon following the troubled lender's prob...
- Banks warier of serving crypto clients after blowups, regulatory scrutinyCross River Bank, for example, received requests from more than 100 new clients not all of whom were crypto companies seeking a safe harbor...
- Regional US banks slammed by fear of a broader financial crisisBanks of various sizes in different parts of the USA - from San Francisco-based First Republic Bank to Salt Lake City-based Zions Bank - fo...
- Regulators face reckoning for week of mayhem as as banks topple; a fraught debate beginsSVB’s abrupt demise — the biggest in more than a decade — has left legions of entrepreneurs in the lurch and livid. In Washington, politici...
- Colonial BancGroup shut down by federal officialsThe FDIC has approved the sale of Colonial's $20 billion in deposits and about $22 billion of its assets to BB&T Corp. US mortgage crisis |...
- Regulators shut 5 banks; 45 failures this yearRegulators on Friday shut down five small banks, boosting to 45 the number of failures this year of federally insured banks.
- Banks earned $7.6 bn in Q1 after record loss in Q4The nation's banks turned a profit in the first quarter, but the number of problem banks jumped to the highest level in 15 years and tough ...
- The rise and (almost) fall of America's banksEarlier, if you didn't make enough money to qualify for a loan, you didn't get one. But in the 1980s, US banks had an idea. Top banking cri...
- US deposit insurer likely to steerThe Federal Deposit Insurance Corp (FDIC) may manage the so-called bad bank that the Obama administration is likely to set up as it tries t...
- Court tilts Wachovia fight toward Wells FargoThe battle for control of troubled bank Wachovia tilted toward Wells Fargo on Sunday as a federal judge temporarily block a New York state ...
- Silver State Bank in Nevada is shutRegulators on Friday shut down Silver State Bank, saying the Nevada bank failed because of losses on soured loans, mainly in commercial rea...
- Silver State Bank in Nevada is shutRegulators shut down Silver State Bank, saying the Nevada bank failed because of losses on soured loans, mainly in commercial real estate a...
- Silver State Bank in Nevada is shutRegulators shut down Silver State Bank, saying the Nevada bank failed because of losses on soured loans, mainly in commercial real estate a...
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