On Friday, Oct. 18, the First National Bank of Lindsay in south central Oklahoma, was reported closed by the Department of Treasury’s Office of Comptroller of the Currency over “false and deceptive” ...

The Federal Deposit Insurance Corp. rolled back a 2009 policy that banned nonbanks from buying failed banks, a move the ...

The Federal Deposit Insurance Corp., an independent federal agency, serves several functions. Arguably its most important job is insuring money you've deposited at an FDIC-member bank.

This rule change could make it easier for private capital investors to buy failed banks.

Nonbank entities such as PE firms “can play a significant role in the resolution process, given their ability to access and ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. LINDSAY, Okla. (KFOR) — Residents in the ...

NEW YORK (AP) — The U.S rushed to seize the assets of Silicon Valley Bank on Friday after a run on the bank, the largest failure of a financial institution since Washington Mutual during the height of ...

The FDIC is an independent agency of the U.S. government that protects bank customers from losing their money in a bank should it fail. Deposits are insured for up to $250,000 per depositor, per ...

On Friday, November 21, the Federal Deposit Insurance Corp bowed to the demands of the US banking industry and improved the terms of the guarantee of newly issued senior unsecured bank debt that it ...