FDIC watchdog to investigate workplace misconduct
The FDIC is now under investigation from at least three separate entities in response to a series of reports in the Wall Street Journal that…
House GOP launches FDIC investigation
The announcement followed Wall Street Journal reports that described a long-running toxic work environment at the FDIC and said Gruenberg and other agency leaders did…
Biden urges expanded FDIC authority over executive mismanagement in banking
President Joe Biden makes remarks on the United States banking system after the collapse of Silicon Valley Bank at the White House on Monday. He…
Silicon Valley Bank failed. The FDIC took it over: what that means
FTX and Silicon Valley Bank have one big thing in common: they both failed. But those who deposited money with SVB can sleep a lot…
Silicon Valley Bank seized by FDIC as depositors pull cash | Business and Economy News
The bank failed after depositors – mostly technology workers and venture capital-backed companies – created a run on it. The Federal Deposit Insurance Corporation seized…