CNN

Signature Bank failed because of ‘poor management,’ FDIC report finds

The collapse of Signature Bank was due to “poor management,” according to a report from the Federal Deposit Insurance Corporation released Friday. Bank management “did not always heed FDIC examiner ...
Investopedia

FDIC Says Poor Risk Management, Illiquidity Led to Failure of Signature Bank

Kevin George is a crypto writer and editor for Investopedia. He holds a master's degree in finance and has extensive knowledge and experience in the areas of trading, markets, and economics. Leonardo ...
CNN

‘One of the dumbest ideas’: Abolishing the FDIC could backfire on Trump and his allies

The Federal Deposit Insurance Corporation (FDIC) was created during the Great Depression to restore trust in a financial system shaken by the failure of thousands of banks. Today, during a time of ...
NPR

It cost $22 billion to rescue two failed banks. Now the question is who will pay

Freedom Bank was founded two decades ago in Montana's Flathead Valley, an area well known for fly fishing and whitewater rafting that is a world away from Silicon Valley. The community lender has ...
NBC News

First Republic Bank is taken over by FDIC and sold to JPMorgan in third major bank failure of the year

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.
Nasdaq

What Is The FDIC And How Does It Work?

You see “Member FDIC” displayed in most banks and highlighted on banking products. You’ve been told to look out for the FDIC logo as a sign of security. And you know that if you don’t see the logo, ...