Basel III fragments as US, Europe and India take diverging paths on bank capital rulesFifteen years after its finalization, the Basel 3 accord's goal of uniform global banking rules has fragmented. National regulators are now...
15 Apr, 2026, 11.29 PM IST
Where to park your cash in 2026: 8 smart places to grow and protect your moneyIn 2026, smart cash management is important due to high prices and a slow job market. People are looking for safe places to keep money whil...
14 Apr, 2026, 07.52 PM IST
Trump nominates Travis Hill to be chair of US FDIC, source saysDonald Trump nominated Travis Hill, the acting FDIC chair, to permanently lead the key U.S. bank regulator. Hill, known for easing post-cri...
01 Oct, 2025, 08.19 PM IST
Fed’s relaxed bank-capital plan faces bipartisan FDIC pushbackA proposal to revise US bank-capital regulations faces strong opposition from the FDIC, where at least three of five directors, including D...
20 Sep, 2024, 09.07 PM IST
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...
10 Jul, 2023, 11.25 AM IST
U.S. FDIC tells Signature Bank's crypto clients to close accounts by April 5The FDIC had said that the deal would see Flagstar Bank assume substantially all of Signature Bank's deposits, some of its loan portfolios ...
29 Mar, 2023, 08.01 AM IST
First Citizens Bank to acquire SVB's deposits, loans from FDICThe depositors of Silicon Valley Bridge Bank, National Association, will automatically become depositors of First–Citizens Bank & Trust Com...
27 Mar, 2023, 07.53 PM IST
Valley National Bancorp bidding for Silicon Valley BankThe FDIC which now controls the Silicon Valley Bank assets, when asked for a comment on the report said it is not confirming or commenting ...
26 Mar, 2023, 06.33 AM IST
U.S. regulator taps Piper Sandler in new bid to sell Silicon Valley BankThe development shows how the FDIC is preparing a concerted effort to sell Silicon Valley Bank after regulators took it over last Friday an...
15 Mar, 2023, 11.19 PM IST
FDIC transfers all Silicon Valley Bank deposits to new bridge bankThe FDIC named Tim Mayopoulos as CEO of the bridge bank, Silicon Valley Bank, N.A. Mr. Mayopoulos is former president and CEO of the Federa...
13 Mar, 2023, 04.48 PM IST
FDIC auction for failed SVB underway, final bids due SundayThe Federal Deposit Insurance Corp. kicked off an auction process late Saturday for Silicon Valley Bank, with final bids due by Sunday afte...
12 Mar, 2023, 10.04 PM IST
Silicon Valley Bank staff offered 45 days of work at 1.5 times salary by FDICWorkers will be enrolled and given information about benefits over the weekend by the FDIC, and healthcare details will be provided by the ...
11 Mar, 2023, 09.19 PM IST
Regulator shuts Silicon Valley Bank, appoints FDIC as receiverAmerican regulator FDIC (Federal Deposit Insurance Corporation) and California banking authorities are taking over the SVB Financial Group‘...
11 Mar, 2023, 04.03 PM IST
- US 'problem' banks jump to 884 in December quarter: FDIC
Last year, a staggering 157 banks went belly up. High unemployment has resulted in rising defaults, which is adversely impacting small and ...
24 Feb, 2011, 08.30 PM IST
- FDIC expected to ask banks to prepay $36 bn in fees
Looking to shore up the diminishing fund that insures bank deposits, the FDIC may take the unprecedented step of requiring banks to prepay ...
29 Sep, 2009, 10.50 AM IST
- FDIC expected to require banks to prepay fees
The Federal Deposit Insurance Corp. may take the unprecedented step of ordering banks to prepay about $36 billion in premiums to shore up t...
29 Sep, 2009, 02.06 AM IST
- FDIC OKs backing for bank debt, deposits
The FDIC will guarantee up to $1.4 trillion in US banks' debt for more than three years as part of the government's financial rescue plan.
22 Nov, 2008, 05.31 AM IST