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US FDIC approves increase in 2010 budget to $4 bn

The FDIC said Tuesday its 2010 budget will jump to $4 billion from $2.6 billion this year, and annou...

The apparent end of the recession and stabilizing financial markets have not cured the banking indus...

The cascade of bank failures this year surpassed 100 on Friday, the most in nearly two decades.

The US regulator Federal Deposit Insurance Corporation has questioned the generally positive conclus...

The Federal Deposit Insurance Corp. has agreed to sell a 40 percent stake in a portfolio of Corus Ba...

Looking to shore up the diminishing fund that insures bank deposits, the FDIC may take the unprecede...

US government bank insurer FDIC announced Friday the latest in a string of US bank failures with the...

Two more US banks have closed down -- including the 6th largest bank bankruptcy this year -- to bri...

A staggering 107 banks have folded up in the US since the collapse of the once-famed Wall Street fir...

Bank regulators closed three banks on Friday, bringing the number of failures so far this year to 72...

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