The Latest Breaking News from FDIC

Nervous About the Markets and Economy? Consider History

To put things in perspective, focus on what you can control and remember that the ups and downs of the markets and economy can be cyclical.

Kiplinger · Jun 1, 2023

Three Considerations for Stashing Cash After Bank Failures

People are understandably nervous about the safety of their cash accounts. The three-bucket method helps you divide your funds based on when you’ll need to access them.

Kiplinger · May 23, 2023

Summary Reversal of Sixth Circuit in Calcutt v. FDIC Reaffirms the Importance of Chenery I

A welcome reminder that reviewing courts must judge the propriety of agency actions solely by the grounds invoked by the agency.

Reason · May 22, 2023

SVB and Signature Bank's failures had a lot in common with small rural banks from the 1930s Fed economists say

This year's banking collapses have some striking parallels with the thousands of small bank failures that dotted the 1930s.

Fortune · May 15, 2023

How much interest could you earn with a savings account? Here’s a look at today’s average rates

Banks are attempting to keep up with the Fed—and compete with each other.

Fortune · May 12, 2023

Jamie Dimon says he won’t be buying any more failed banks: ‘It’s a lot of work’

“People always look at the financial deal. Forget the financial deal ... it's a lot of work,” Dimon told Bloomberg Thursday about buying beaten down banks.

Fortune · May 11, 2023

FDIC proposes big banks pay to recover losses in SVB and Signature failures

There were concerns that small banks would wind up bearing some of these costs and this proposal heads those off.

Axios · May 11, 2023

Mercury has attracted depositors after SVB fell. But can it keep them

Mercury CEO Immad Akhund says business has never been better, but some wonder if the new money is “sticky.”

Fortune · May 11, 2023

Bipartisan interest in new deposit insurance cap, but for whom? - Roll Call

Lawmakers are talking about raising the deposit insurance cap, but don't have consensus about how to do it.

Roll Call · May 10, 2023

How safe are online banks from collapse?

Bank failures have put many consumers on edge about the safety of their deposits. But are certain financial institutions more likely to fail than others?

Fortune · May 8, 2023