Block (XYZ) announced its industrial bank, Square Financial Services, has received approval from the Federal Deposit Insurance Corporation to begin offering the consumer loan product Cash App ...

The board also separately gave institutions more time to comply with a portion of a finalized rule regarding display of the FDIC logo on digital channels. The FDIC adopted a final rule in December ...

The FDIC retreated on a plan to strengthen regulation of lenders’ brokered deposits, a move that followed the 2023 collapses of Silicon Valley Bank and Signature Bank. It will also pull back a ...

The FDIC’s proposal will reinstate, on an interim basis, the merger policy statement that was in effect prior to 2024 as the agency conducts a broader reevaluation of its bank merger review process.

Ryan Peake's life has changed. It's hardly the first time, but with his dramatic one-stroke victory at the 2025 New Zealand Open, the Australian has punched his ticket into the 2025 Open at Royal ...

In its new Quarterly Banking Profile for the fourth quarter of 2024, the Federal Deposit Insurance Corporation (FDIC) says US banks reported a massive $118.4 billion increase in unrealized losses on ...

SEOUL, South Korea — Police in South Korea have summoned a Japanese woman for questioning over allegations that she kissed Jin, a member of the K-pop boy band BTS, without his permission at an ...

FDIC shed nearly 700 employees in February buyouts, firings Workers must now report to an office within 50 miles from home The Federal Deposit Insurance Corp. ordered all of its employees to return to ...

"These cuts threaten the reliability and integrity of federal deposit insurance and inhibit the FDIC's capacity to ensure the stability and confidence that underpin our nation's banking system," Sen.