On Feb. 10, 2012 the FDIC shifted bank closure activity from the south to the center of the country this week failing Charter National Bank and Trust in Hoffman Estates, Ill. and SCB Bank of Shelbyville, Ind.
AP | MARCY GORDON | Posted 12.11.2011
WASHINGTON — Banks would be barred from trading for their own profit instead of their clients under a rule federal regulators proposed Tuesday. ...
AP | By MARCY GORDON | Posted 10.24.2011
WASHINGTON -- The number of troubled banks tracked by the Federal Deposit Insurance Corp. fell in the April-June quarter, the first quarterly drop in ...
AP | JEANNINE AVERSA | Posted 05.25.2011
WASHINGTON — Regulators urged banks to make loans to creditworthy people and businesses whose livelihoods have been hurt by the Gulf Oil spill. ...
Clare J. Morgan | Posted 05.25.2011
The free checking accounts many Americans enjoy will soon be a thing of the past as banks scramble to find new ways to recoup overdraft charges and other fees they're no longer allowed to impose.
AP | MARCY GORDON | Posted 05.25.2011
WASHINGTON — Regulators on Friday shut down two Georgia banks and one each in Florida and Arizona, bringing to 41 the number of bank failures in...
AP | MARCY GORDON | Posted 05.25.2011
WASHINGTON — The agency that guarantees bank deposits said Thursday there are no immediate plans to borrow money from the government to bolster ...
Sheldon Filger | Posted 05.25.2011
It is preposterous to conclude that the U.S. banking sector is well capitalized and strong enough to endure a severe economic recession.
AP | MARCY GORDON | Posted 05.25.2011
WASHINGTON — Federal regulators now say the nation's banks lost $32.1 billion in the final quarter of last year, even worse than the $26.2 billi...
Huffington Post | Posted 05.25.2011
Television news magazine 60 Minutes went behind-the-scenes to show viewers what happens when a bank fails. 60 Minutes correspondent Scott Pelley fol...
Bloomberg | Alison Vekshin | Posted 05.25.2011
March 4 (Bloomberg) -- Federal Deposit Insurance Corp. Chairman Sheila Bair said the deposit insurance fund could dry up amid a surge in bank failures...
AP | MARCY GORDON | Posted 05.25.2011
WASHINGTON — The FDIC will guarantee up to $1.4 trillion in U.S. banks' debt for more than three years as part of the government's financial res...
Bloomberg | David Evans | Posted 05.25.2011
Deborah Horn tugs on the handle of the glass-paned entrance of the IndyMac Bancorp Inc. branch in Manhattan Beach, California. The door won't budge. T...
Dennis Santiago | Posted 04.11.2012