FDIC proposes special assessment fee for big US banks to replenish failure fund
The Federal Deposit Insurance Corporation (FDIC) has announced that they will impose a “special assessment” fee of 0.125%...
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PacWest Bank considers sale or breaking up businesses amid stock drop
PacWest Bancorp, a regional bank based in California, is reportedly exploring strategic options, including a potential sale, according...
What JPMorgan’s Acquisition of First Republic Means for the Banking Industry
The financial industry has been rocked by the recent collapse of several large banks, and regulators are working...
Community Banks Oppose Paying for Rescue of Failed Banks: A Matter of Fairness
Freedom Bank, a community lender with a conservative business model that primarily serves locals in Montana’s Flathead Valley,...
BlackRock to offload $114 billion in distressed bank securities
US regulators have enlisted BlackRock Inc. to aid in the sale of $114 billion in securities obtained from...
U.S. backstops Silicon Valley Bank’s sale to First Citizens
U.S. authorities said on Monday that they would support the acquisition of the defunct Silicon Valley Bank by...
First Citizens Acquires Silicon Valley Bank with Regulatory Backing
On Monday, U.S. regulators announced their support for First Citizens BancShares, a regional lender, to acquire Silicon Valley...
Valley National is vying to buy SVB: Bloomberg "On market rumours or speculation," First Citizens declined to provide further details.
According to persons having knowledge of the matter, Valley National Bancorp and First Citizens BancShares Inc. are vying...
Short seller warned the FDIC of trouble at Signature Bank in mid-January
Regulatory oversight and process of checks and balances in US banking industry is facing a big question mark...
US doesn’t know how to guarantee bank deposits worth $18 trillion
The current banking crisis in the United States has shaken the roots of its economy. A major level...