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The Latest Breaking News from FDIC

FDIC Chair Faces Calls To Resign Amid Workplace Controversy

FDIC chair Martin Gruenberg faces scrutiny over workplace issues. Potential resignation could impact banking sector.

Top News

Toxic culture is the norm at the FDIC, outside review cites 500 employee complaints

A law firm investigation of the FDIC documents a toxic workplace culture where hundreds of employees complained of sexual harassment, discrimination and other misconduct.

WEKU

First US Bank Failure Of 2024: Republic First Bank

FDIC closes Republic First Bank in Philadelphia, Fulton Bank to assume deposits and assets. Regional banks facing challenges.

Top News

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US Regulator Halts Asset Manager Stake Scrutiny In Banks

FDIC delays examination of asset manager stakes in banks to evaluate impact on banking sector stability and competition.

Top News

How to Choose the Best 10-Year CD Rate for You

A 10-year CD is a long-term commitment, but locking in a high APY can lead to a big payoff. Here are the top rates this month.

Fortune

Get a [dynamic]NewtekBank-Savings-APY[/dynamic]% APY with a Newtek Bank savings account

Newtek Bank N.A. boasts a high-yield savings APY and multiple CDs to boost your savings.

Fortune

NCUA Insurance: Protecting Your Credit Union Deposits

Learn how NCUA insurance protects credit union deposits up to 0,000 per member, per ownership category, similar to FDIC insurance for banks.

Top News

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Should You Invest in CDs? What to Consider

Before putting your money in a certificate of deposit (CD), you should know why banks issue them, how they are used and how they are priced.

Kiplinger

FDIC Blasts SEC's Controversial SAB 121 Bulletin Targeting Crypto Custodians

The FDIC's vice chair had very sharp words for a staff accounting bulletin of the SEC that has raised concerns about the bulletin's implications on custodial service providers.

International Business Times

How SIPC Works and What Investors Should Know About It

The Securities Investor Protection Corp. will help get your cash and securities back if your broker-dealer fails. Here's a look at how SIPC works.

Kiplinger

3 B-Rated Foreign Bank Stocks to Consider

The U.S. banking sector continues to face challenges, including rising deposit costs in a high-rate environment, credit rating downgrades, and risk of defaults in commercial real estate (CRE) lending. Hence, it could be wise to look beyond borders and add quality foreign bank stocks Banco Macro (BMA), Banco Santander (SAN),…

StockNews.com

Buy or Sell These 3 Bank Stocks?

Prolonged exposure to high-interest rates, risk of defaults on commercial real estate loans, elevated deposit costs, diminished credit demand, and stringent lending standards are expected to pile more pressure on U.S. banks. Considering these factors, should investors consider investing in foreign bank stocks Banco Santander (SAN), Akbank (AKBTY), and First…

StockNews.com

Short Circuit: A Roundup of Recent Federal Court Decisions

Dishwashers, Nazi-looted art, and an ag-gag mixed bag.

Reason

US Banks Report Mixed Results, See Consumers As Still Fairly Healthy

Large US banks reported mixed results Friday, dented by exceptional costs connected to job cuts and to replenishing a federal fund tapped during last year's crisis involving midsized lenders.

International Business Times

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These are the best CD rates in Illinois today

We crunched the data to locate the best CD rates available in Illinois today.

Fortune

These are the best CD rates in New Hampshire today

Give your savings a boost and put your money in a CD that offers one of the top rates available in New Hampshire.

Top News

Biden appoints new FDIC watchdog amidst bank harassment controversy

Discover the latest in USA banking news as President Biden appoints a new FDIC watchdog amidst a high-profile harassment scandal. Stay informed with our up...

StockNews.com

5 Smart Bank Stocks to Buy for Gains in 2024

The profitability of U.S. banks will likely remain under pressure due to a slowing U.S. economy, high-interest rates, the possibility of CRE defaults, rising credit card debt, and deteriorating asset quality. In this scenario, it could be wise to look beyond borders and buy fundamentally strong foreign bank stocks Banco…

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news in one place.

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Fortune

These are the best CD rates in Connecticut today

We crunched the data to locate the best CD rates available in Connecticut today.

Fortune

These are the best CD rates in Ohio today

We crunched the data to locate the best CD rates available in Ohio today.

Fortune

These are the best CD rates in Michigan today

We crunched the data to locate the best CD rates available in Michigan today.

Fortune

Best CD rates available in Massachusetts

We analyzed Curinos data to determine the most impressive CD rates in Massachusetts.

Fortune

These are the best CD rates in Rhode Island today

We crunched the data to locate the best CD rates available in Rhode Island today.

Top News

Signature Bridge Bank Sells .8B Stake in Real Estate

In an exhilarating financial plot twist, FDIC's Signature Bridge Bank is set to sell a 20% stake from its whopping .8 billion real estate treasure trove.

Fortune

Boost your bank balance: SoFi's $300 bonus for new and existing customers

Learn how SoFi's latest offer benefits new and existing account holders, increasing the welcome bonus for checking and savings accounts to $300.

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