You Searched For "us federal deposit insurance corporation" and got 17 results
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2 mins read
SVB collapse: Minister Chandrasekhar to meet Indian startups to see how govt can help them
As the collapse of Silicon Valley Bank (SVB) in the US left the Indian startup ecosystem worried, U…
1 min read
Silicon Valley Bank's failure will cost $20 billion – that's almost a sixth of the pool of funds that insures US depositors
The FDIC's Deposit Insurance Fund balance stood at $128.2 billion as of late 2022.
Zahra Tayeb
1 min read
JPMorgan, Bank of America and 4 other Wall Street titans are set to pay $8.9 billion after this spring's banking fiasco
JPMorgan tops the list as the biggest contributor to the FDIC's insurance deposit fund, expected to…
Zahra Tayeb
1 min read
JPMorgan, Bank of America and 4 other Wall Street titans are set to pay $8.9 billion after this spring's banking fiasco
JPMorgan tops the list as the biggest contributor to the FDIC's insurance deposit fund, expected to…
Zahra Tayeb
1 min read
Stablecoin USDC rises back toward $1 as $3.3 billion in Silicon Valley Bank to be made available following fears uninsured deposits could be lost
It's been a tumultuous week for the world's second-largest stablecoin after one of crypto's key ban…
Morgan Chittum
1 min read
The biggest banks will pay to replenish the FDIC's deposit insurance fund, report says
The FDIC's insurance fund has withered this year amid the slew of bank failures, with Silicon Valle…
Jennifer Sor
2 mins read
US banks have seen a record $2 trillion surge of deposits since the coronavirus crisis began
In April alone, bank deposits gained by $865 million, more than the previous record for an entire y…
Carmen Reinicke
2 mins read
DICGC introduces Daava Soochak for depositors to track claim status
Daava Soochak, a user-friendly online tool, is part of DICGC's ongoing commitment to improving the …
PTI
1 min read
Mid-size banks want all deposits insured for 2 years to avoid 'panic' and restore confidence, report says
The Mid-Size Bank Coalition of America called on the FDIC, Treasury and the Federal Reserve to act …
Jyoti Mann
1 min read
First Citizens Bank reaches deal to purchase deposits, loans of Silicon Valley Bank
"Customers of Silicon Valley Bridge Bank, National Association, should continue to use their curren…
1 min read
Billionaire investor Bill Ackman warns more banks will fail unless the FDIC insures all deposits
"The FDIC's failure to update and expand its insurance regime has hammered more nails in the coffin…
George Glover
1 min read
The US government's been selling SVB and First Republic's wine collections. Past bank failures have put far weirder assets in federal hands.
The FDIC has reportedly seized 25,000 pounds of frozen rabbit, a stake in the Dallas Cowboys, and e…
Theron Mohamed
4 mins read
SVB solution ensures taxpayer dollars are not put at risk: President Biden
The US President, Joe Biden, assures the American people and businesses that a resolution of the co…
PTI
6 mins read
What is the FDIC?
The FDIC is an independent US organization that deposit insurance to consumers and holds banks acco…
Jackie Lam
2 mins read
Jamie Dimon says JPMorgan rescued First Republic because the government asked his bank 'to step up, and we did'
The CEO of America's biggest bank said taking over First Republic's $92 billion of deposits and mos…
Ryan Hogg
2 mins read
Silicon Valley Bank is the biggest US bank collapse since Washington Mutual during the 2008 financial crisis
What happened to SVB bank? Regulators shut down Silicon Valley Bank on Friday. It had more than $20…
Sindhu Sundar
2 mins read
Big name investors like Bill Ackman are calling on the FDIC to insure all deposits, but that would only cost banks' customers more, former FDIC chair says
"You can change the limit to whatever number you want, and you're not going to prevent what happene…