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Fintech Copper burned by Synapse collapse
Banking Dive via Yahoo Finance· 8 hours agoThe teen-focused fintech had to shut down its bank deposit accounts and debit cards mid-month — an earlier wind-down than expected due to turmoil...
FDIC: Number of Problem Banks Increased in Q1 2024
Calculated Risk· 3 hours agoReports from 4,568 commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC) report aggregate net income of ...
US Banks’ Paper Losses on Some Securities Rose, FDIC Says
Bloomberg via Yahoo Finance· 4 hours ago(Bloomberg) -- US banks’ paper losses from two key types of securities they hold deepened last...
Pennsylvania's unprofitable banks jump to 10.7%: FDIC - Pittsburgh Business Times
The Business Journals· 4 hours agoThe commonwealth's percentage of unprofitable banks was 10.66% in Q1, compared with 4.69% last year, according to data released on Wednesday by the Federal Deposit
FDIC head who oversaw alleged 'toxic culture' to stay until his replacement. Experts say that risks...
ABC News· 6 days agoThe head of the Federal Deposit Insurance Corporation said this week that he would leave his role in...
BMO's U.S. arm hurt by sluggish loan growth, tighter margins
American Banker via Yahoo Finance· 47 minutes agoThe Toronto-based company's U.S. banking segment continues to face headwinds from muted loan growth...
FDIC did not report allegations of senior officials' misconduct 'in a timely manner,' watchdog says
CNBC· 5 days agoThe Federal Deposit Insurance Corp. failed to report allegations of senior officials' misconduct in...
The highest savings account rates today - May 27, 2024
CNN.com· 3 days agoThe best savings accounts have a high annual percentage yield (APY) combined with low fees. The...
Kristin Johnson emerges as a leading candidate to be new US FDIC chair, Bloomberg News reports
WHTC 1450 Holland· 6 days ago(Reuters) - Kristin Johnson, a Democratic commissioner at the Commodity Futures Trading Commission,...
FDIC settles with Arkansas bank over alleged violations, including for reverse mortgages -...
HousingWire· 1 day agoThe bank has been issued an order to pay a civil penalty of $1.5 million, and the FDIC has also...