Edward Minskoff is on a winning streak of landing large office leases from government agencies, scoring the FDIC shortly after welcoming Customs and Border Protection in Queens. The FDIC ...

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.

He has served as the FDIC's vice chair since 2023. He previously was a senior adviser to then-FDIC Chairman Jelena McWilliams, who led the agency during Trump's first term. Hill takes over from ...

The FDIC pointed to the bank's reliance on unhedged, interest rate-sensitive assets, such as long-term U.S. Treasuries and mortgage-backed securities, despite rising interest rates. It also flagged a ...

The decision to exit the body, known as the Network of Central Banks and Supervisors for Greening the Financial System, comes days after a similar decision by the Federal Reserve and follows ...

(Reuters) — The FDIC sued 17 former executives and directors of Silicon Valley Bank on Thursday, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary ...

The FDIC has asked BlackRock to sign by Jan. 10 a "passivity agreement" that would codify greater checks on the money manager’s holdings of FDIC-supervised lenders, according to people familiar ...

BlackRock, Inc. BLK has been informed by the Federal Deposit Insurance Corporation (“FDIC”) that it has until Jan. 10, 2025, to accept the “passivity agreement”. This was reported by a ...

Notably, FDIC board members, including Jonathan McKernan and Rohit Chopra, argued for more rigorous oversight. They highlighted the risks of concentrated ownership in a few hands and the ...

Balances are FDIC-protected, and Fidelity reimburses ATM fees globally. There are no other banking products offered at Fidelity, and you won’t find loans or credit cards here either. You can ...