"It is my honor and privilege to serve as acting chairman of the FDIC," Hill said in a statement. "While the FDIC faces a broad range of issues, and as always will fulfill our mandate to promote a ...

Of course, some criticize these modern logos as being copy-and-paste, minimalist and unoriginal. Those yearn to return to the unique logos of the 1990s and early 2000s, where the NFL used elements ...

The Fed’s departure came a few days before President Donald Trump’s inauguration Monday and follows a wave of notable banks and financial institutions withdrawing from climate-focused coalitions and ...

Hill, a Republican, served as FDIC vice chairman. He criticized some of the proposals championed by former FDIC head Martin Gruenberg, who departed the agency on Jan. 19.

He has served as the FDIC's vice chair since 2023. He previously was a senior adviser to then-FDIC Chairman Jelena McWilliams, who led the agency during Trump's first term. Hill takes over from ...

All in all, it’s a highly favorable backdrop for banks, as witnessed by a rising balance in the FDIC insurance fund and a mere two bank failures in 2024, out of more than 4,500 institutions.

The Federal Deposit Insurance Corporation (FDIC) is penalizing a Weir, Kansas-based bank with a monetary fine equal to over a quarter of the lender’s total assets. The US banking regulator says it has ...

Proposal would force banks to keep fintech account ledgers FDIC aims to prevent a repeat of Synapse account disaster US banking and fintech trade groups called on the Federal Deposit Insurance Corp.

The FDIC pointed to the bank's reliance on unhedged, interest rate-sensitive assets, such as long-term U.S. Treasuries and mortgage-backed securities, despite rising interest rates. It also flagged a ...

“SVB represents a case of egregious mismanagement of interest-rate and liquidity risks by the Bank’s former officers and directors,” the FDIC said in the complaint, highlighting that the ...