Bank of America Corp. must pay $540 million in a long-running fight with the Federal Deposit Insurance Corp., after a federal judge ruled the company shortchanged the agency on funds meant to protect ...

First Republic Bank has been taken over by federal regulators and will be sold to JPMorgan — making it the third major bank to go under in less than two months. The Federal Deposit Insurance Corp.

First Republic Bank was put into receivership by regulators early Monday. JPMorgan is taking over the failed lender and its deposits of almost $104 billion. First Republic's failure is the ...

On Nov. 19, 2024, the Federal Deposit Insurance Corp. issued a notice of assessment finding that between December 2018 and August 2020, CBW Bank — a single-branch bank in Weir, Kansas — failed to ...

The FDIC, the OCC and the Justice Department earlier this month issued updated standards for bank mergers. The three agencies acted separately, although officials noted that they had worked with the ...

Theresa Stevens is a personal finance writer based in Boston, MA. As a former financial advisor, she has first-hand experience helping people solve their money challenges. When she's not writing, ...