Federal Deposit Insurance Corp

U.S. Banks’ Profits Sink 69% to $18.5B in Q1
Financial Performance

U.S. Banks’ Profits Sink 69% to $18.5B in Q1

Banks diverted earnings to reserves for "newly risky loans as the coronavirus tanked credit health and plunged the U.S. into a recession."
By Matthew Heller | June 17, 2020
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W.Va. Bank Fails After Years of Financial Woes
Regulation

W.Va. Bank Fails After Years of Financial Woes

First State Bank had "experienced longstanding capital and asset quality issues, operating with financial difficulties since 2015,” the FDIC says.
By Matthew Heller | April 6, 2020
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Bank Profits Surge 8.7% to $60.7 Billion in Q1
Credit & Capital

Bank Profits Surge 8.7% to $60.7 Billion in Q1

Boosted by a 6% gain in net interest income, the industry's strong Q1 performance followed a record year in 2018.
By Matthew Heller | May 29, 2019
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Regulators Approve Foreign Banks’ Living Wills
Risk & Compliance

Regulators Approve Foreign Banks’ Living Wills

The Federal Reserve and FDIC found shortcomings in the bank's plans for unwinding in bankruptcy without disrupting the broader financial system.
By Matthew Heller | December 21, 2018
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Square Refiles Application for Bank Charter
Risk & Compliance

Square Refiles Application for Bank Charter

An industrial loan charter would enable Square to provide loans and other financial services directly to merchants.
By Matthew Heller | December 20, 2018
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FDIC OKs Phase-in Period for New Banking Rule
Risk & Compliance

FDIC OKs Phase-in Period for New Banking Rule

Banks are concerned about the potentially disruptive effects of a new standard that will change how they account for losses from soured loans.
By Matthew Heller | December 19, 2018
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Dodd-Frank Is Needed But Merits Revision
Risk & Compliance

Dodd-Frank Is Needed But Merits Revision

While preventing another financial crisis is paramount, there were a number of unintended consequences of the law.
By Tyler Harrison | September 21, 2017
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Does Bank Loan Data Suggest a Faltering Economy?
The Economy

Does Bank Loan Data Suggest a Faltering Economy?

Federal Reserve chair Janet Yellen deserves blame for creating onerous real estate asset bubbles, according to risk analyst Chris Whalen.
By Christopher Whalen | August 29, 2017
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Bank Profits Rise 7.7% to $43.7 Billion in Q4
Financial Performance

Bank Profits Rise 7.7% to $43.7 Billion in Q4

The number of financial institutions on the FDIC’s “problem list” fell to the lowest level in more than seven years.
By Matthew Heller | March 1, 2017
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FDIC Says BofA Owes $542M to Insurance Fund
Risk & Compliance

FDIC Says BofA Owes $542M to Insurance Fund

An FDIC lawsuit alleges the bank may ultimately have underreported its deposit insurance liability by more than $1 billion.
By Matthew Heller | January 10, 2017
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U.S. Banks’ Profits Show First Drop in 2 Years
Financial Performance

U.S. Banks’ Profits Show First Drop in 2 Years

The industry's first-quarter results were mixed, with loan balances growing at the highest rate since 2009 and operating revenue up 2.7%.
By Matthew Heller | June 2, 2016
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Swaps Collateral Rule Eases Impact on Nonfinancials
Risk & Compliance

Swaps Collateral Rule Eases Impact on Nonfinancials

Federal regulators propose to ease up on margin requirements for end-users of swaps and permit more kinds of assets to be used as collateral.
By Iris Dorbian | September 4, 2014
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Fed Passes Revised Liquidity Rule for Big Banks
Risk Management

Fed Passes Revised Liquidity Rule for Big Banks

After a long wait, federal regulators vote to require banks to hold enough liquid assets to cover their net cash outflows for one month.
By Iris Dorbian | September 3, 2014
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