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The FDIC Chairman Is Resigning Under a Cloud. He’s Still in Charge.
The Wall Street Journal· 4 days agoAfter investigations revealed a toxic workplace at the banking regulator, the chairman told staff...
What We Can Learn From the FDIC Fiasco
Politico via Yahoo Finance· 4 days agoTake Martin Gruenberg. He has been at the FDIC since 2005 and in charge of the powerful bank regulator multiple times. So when he was nominated to be the chair yet again in ...
FDIC Sues Virginia County Over Headquarters’ Property Tax Value
Bloomberg Law· 4 days agoIn a complaint, FDIC said Arlington County has “inflated” the real estate tax assessments on its headquarters for 2019 and 2020. In those years, the county assessed the buildings ...
FDIC-insured institutions reported Q1 net income of $64.2bn
Retail Banker International via Yahoo Finance· 5 days agoReports from 4,568 commercial banks and savings institutions insured by the Federal Deposit...
US Banks’ Paper Losses on Some Securities Rose, FDIC Says
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- US banks’ paper losses from two key types of securities they hold deepened last...
Best CD rates today: Act now to lock in 5.15% APY and higher into next year — May 31, 2024
AOL· 3 days agoHere's where to find the best rates on CDs across terms for predictable yields on your nest egg into...
Savings interest rates today: Make your dollars work harder with historically high yields — May 29,...
AOL· 5 days agoYou'll find the highest APYs at FDIC-insured digital and online-only banks offering 5.00% or more,...
FDIC-Insured Banks' Q1 Earnings Down on Lower NII, Loan Balance
Zacks· 3 days agoThe FDIC-Insured banks' (like JPM, BAC, C & WFC) Q1 earnings are hurt by rising funding costs, a lower NII and an increase in expenses. Yet, higher rates, a changing revenue mix and a rise in deposit balance offer some support.
FDIC Announces $1.5 Million Settlement with Arkansas-Based Bank and Employees | JD Supra
JD Supra· 6 days agoOn May 17, 2024, the Federal Deposit Insurance Corporation (FDIC) announced a settlement with an Arkansas bank and nine of its employees, resolving allegations that the bank ...
The best CD rates in June 2024
CNN.com· 3 days agoWhile CD interest rates are always changing, now is an excellent time to invest because rates are quite high. We’ve done the research to help you find...
