Given the level of public outrage over the government’s rescue of banks during the financial crisis, the final cost to the taxpayer of keeping those failed institutions afloat turns out to have been relatively modest: The FDIC …
The financial headlines of the last several months have shown large banks making near-record profits, and small banks being closed at a pace of three or four per week. The FDIC has released its comprehensive report on the indus…
In the wake of hundreds of failed banks since the 2008 financial crisis, U.S. regulators reportedly have begun 50 investigations into possible wrongdoing by bank executives, directors and employees.
The Federal Deposit Insurance Corp. (FDIC) is lookin…
The FDIC is changing the way banks pay for insurance, and big banks will soon pay much more than their smaller rivals to protect deposits. Even so, many customers may be better off at large banks, which could start aggressively…