US bank failures in 2010 surpass 100
U.S. bank failures this year have surpassed a bleak milestone of 100 as regulators shut down banks in Georgia, Florida, South Carolina, Kansas, Nevada, Minnesota and Oregon. The seven bank seizures...
View ArticleBig banks thrive while small banks struggle
U.S. banks are making money again, although a split picture of the industry has emerged since the financial crisis. The largest banks are thriving, mostly because they can borrow on the cheap and have...
View ArticleNew FDIC rules require banks to share risk
Federal regulators are insisting that banks share some risk when issuing the type of asset-backed securities that nearly toppled the financial system two years ago. The Federal Deposit Insurance Corp....
View ArticleU.S. lowers cost of bank failures by $8B
Federal regulators decided against raising the fees that banks pay to insure deposits after determining the losses from bank failures this year were lower than anticipated. The board of the Federal...
View ArticleList of ‘problem’ banks grows in 3Q
The number of banks on the Federal Deposit Insurance Corp.‘s confidential “problem” list grew over the summer even while the overall industry posted solid net income. The FDIC says its list of troubled...
View ArticleNumber of problem banks fell to 865 in Q2
A government report shows the number of troubled banks fell for the first time in five years. The Federal Deposit Insurance Corp. says there were 865 banks on its confidential “problem” list in the...
View ArticleLarge banks must show how they would wind down
The largest U.S. banks will be required to show regulators how they would break up and sell off their assets if they are in danger of failing. The Federal Deposit Insurance Corp. voted 3-0 Tuesday to...
View ArticleAs bank failures decrease, FDIC premiums don’t
Post-recession insurance costs still sky high at big banks
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