The Latest Breaking News from FDIC

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

“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.

A New York Times article with the headline “Smaller banks are scrambling as share prices plunge” might have some Kentucky bankers, customers and investors worried. However, John Soper who spent 43 years in the banking industry in central Kentucky, said Kentucky banks should be OK ...

For a week that was filled with news and earnings, the market failed to react in any major fashion. The S&P 500 ($SPX) (SPY) finished the week 0.80% lower. Watching the Goliath Apple (AAPL) report better-than-expected earnings helped to buoy the market along with a stronger-than-expected NFP report.

It's all about getting the highest rate while maintaining access to your funds.

PacWest and Western Alliance were among the smaller lenders that saw shares tumble even as the banks sought to reassure their customers and investors..

Bill Ackman, Nelson Peltz, and Jeffrey Gundlach all think the Fed is wrong about the banking system.

The hedge fund manager has called for stronger government intervention, including full depositor protection, since turmoil began in early March.

Ron DeSantis, Ted Cruz, and a host of other politicians have recently commented on the space.