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WASHINGTON — The Federal Deposit Insurance Corp. has reached an agreement with Vanguard that will give the bank regulator more oversight of the asset manager's investments in some U.S. banks. Under ...

The Federal Deposit Insurance Corporation was born during the depths of the Great Depression, a means of shoring up banks when banks were routinely failing and erasing the wealth of Americans.

The deal, which the US Federal Deposit Insurance Corp disclosed on Friday, will allow Vanguard’s funds to continue to be huge shareholders in a wide swath of the country’s banks while also inc ...

(Reuters) -The U.S. Federal Deposit Insurance Corporation has reached a deal with Vanguard that will strengthen the rules under which the investment management giant can take big stakes in large U ...

From mid-2023 to September 2024, many banks offered attractive certificate of deposit (CD) rates of around 5%. But now that the Federal Reserve has been cutting rates, CD yields are dropping too.

In his first six months as the owner of Twitter, Elon Musk fired more than 80% of the company’s staff. Now he, along with fellow billionaire Vivek Ramaswamy, will be in charge of the Department of ...

State insurance regulators know what they want from the anti-government fervor inspired by the return of President Donald Trump: elimination of the Federal Insurance Office. A coalition of ...

They include potential options of abolishing and/or combining the FDIC with the Office of Comptroller of the Currency (OCC) and the Federal Reserve. The latter two agencies, like the FDIC ...