Banks are under pressure to kick criminals off their platforms and compensate more victims as regulators and lawmakers focus on the harm done by digital scams.
PRESS RELEASE | NOVEMBER 12, 2024 FDIC Survey Finds 96 Percent of U.S. Households Were Banked in 2023 Record low 5.6 million households remain unbanked WASHINGTON— Nearly 96 percent of all U.S. households were banked in 2023, according...
JOINT PRESS RELEASE | OCTOBER 15, 2024 Federal Deposit Insurance Corporation Federal Reserve Board Florida Office of Financial Regulation National Credit Union Administration Office of the Comptroller of the Currency...
SUNSHINE ACT NOTICE | OCTOBER 10, 2024 The FDIC Board of Directors will meet in open session: Time and Date: 10:00 a.m. on Thursday, October 17, 2024. Place: This Board meeting will be open to public observation only by webcast . FDIC...
NATIONAL RATES AND RATE CAPS | OCTOBER 21, 2024 Thank you for opting to receive emails alerting you when the FDIC's National Rates and Rate Caps webpage is updated. The National Rates and Rate Caps webpage is generally updated on the...
Remember October and the first part of November--not because of the election, but rather because of the relentless rise in mortgage rates? Would you rather forget? You're not alone. It was the fastest rate spike since...
Santander has started to roll out its digital Openbank solution for customers and partners in the region of Mexico, including a new website and smartphone app.
Howard Lutnick, co-chair of the president-elect’s transition team and a Wall Street financier, is leading the search for appointees while still running his businesses.
Speech At the Albert Hirschman Lecture, 2024 Annual Meeting of the Latin American and Caribbean Economic Association and the Latin American and Caribbean Chapter of the Econometric Society, Montevideo, Uruguay
Federal and state financial regulatory agencies issue interagency statement on supervisory practices regarding financial institutions affected by Hurricane Milton
Chris McGratty, KBW head of U.S. bank research, joins CNBC's 'Power Lunch' to discuss what's behind the rally in regional bank stocks, how this rally differs from 2016, and more.
MEDIA ADVISORY | OCTOBER 31, 2024 FDIC to Host Meeting of its Advisory Committee on Community Banking Federal Deposit Insurance Corporation (FDIC) Chairman Martin J. Gruenberg will host a meeting of the FDIC’s Advisory Committee on...
From simply cutting back on the easy things first, right through to thinking about how to protect your pension Raising a child from birth to the age of 18 costs, on average, £166,000 for a couple, and £220,000 for a lone parent in 2023,...
There has been plenty of news over the past 48 hours regarding the U.S. greenlighting Ukraine to use long range missiles to attack Russia. Yesterday's examples resulted in relatively modest overnight gains for the bond market....
Manulife Investment Management's Rana Gupta likes large private sector banks as they remain profitable, and quick commerce companies that managed to defy a poor consumer season. He does see a risk of foreign promoters selling IPOs...
PRESS RELEASE | NOVEMBER 4, 2024 FDIC Issues List of Banks Examined for CRA Compliance WASHINGTON - The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with...
PRESS RELEASE | OCTOBER 25, 2024 FDIC Makes Public September Enforcement Actions; No Administrative Hearings Scheduled for November 2024 WASHINGTON - The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of...
His premium was £1,920 and I can’t get Sainsbury’s Bank to cancel the policy My dad FH passed away in July, and, since then, I have been trying to cancel his car insurance with Sainsbury’s Bank. I wrote to explain the situation, but it...
ABN Amro's CFO Ferdinand Vaandrager discusses the Dutch bank's third-quarter earnings, potential U.S. tariffs and European banking mergers and acquisitions.
Home equity loans use the value of your house to secure funds for home renovation or other major expenses. Here are the best lenders for home equity loans.
This morning I head from Columbia, MO (“COMO”… big thumb’s up for Sophia’s Italian) to Kansas City for the KC MBA luncheon. I have seen very few Teslas on the road. “Bill Gates and Elon Musk should team-up and make a medicine to treat...
Goldman Sachs' Global Head of Internet Investment Banking, Jane Dunlevie, and Global Co-Head of Software Investment Banking, Ryan Nolan, join CNBC's Leslie Picker from the firm's Private Innovative Company Conference which...
Payhawk , a provider of spend management solutions, has partnered with J.P. Morgan Payments to improve its payment services for enterprise clients in the UK.
They may not be low. In fact, they may still be a lot higher than you want, but at least they haven't been too volatility this week. For the 7th day in a row, the top tier, conventional 30yr fixed mortgage rate ended the day...
PRESS RELEASE | NOVEMBER 5, 2024 FDIC to Unveil Online Tool to Promote Creation of New Minority Banks at the Minority Depository Institutions Subcommittee Meeting WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) will...
Sift , an AI-powered fraud detection platform, has announced that Hertz started utilising its AI-enabled fraud prevention platform to deliver optimised customer experiences and mitigate fraud.
Speech At “A 50 Year Retrospective on the Shadow Open Market Committee and Its Role in Monetary Policy,” a conference sponsored by the Hoover Institution, Stanford University, Stanford, California
The support package came after smaller measures were announced to jump-start growth. Economists said it was not big enough to address China’s sluggish economy.
The vice president vacillated on how to talk about the economy, and ended up adopting marginal pro-business tweaks that both corporate and progressive allies agreed made for a muddled message.
BOARD MEETING | OCTOBER 17, 2024 ( Updated the link in the Read More button) FDIC BOARD OF DIRECTORS MEETING Today the Federal Deposit Insurance Corporation’s Board of Directors met. Materials and information relative to the Board...
Paul Cavey from East Asia Econ says China needs to target "new growth", instead of focusing stimulus on the real estate, as economic growth shifts further from the traditional property market.
STATEMENT | OCTOBER 17, 2024 Statement by Vice Chairman Travis Hill on Board Merger and Deposit Insurance Application Review Process On June 20, 2024, the FDIC Board approved a resolution I proposed to require recurring briefings to the...
Many older houses were not insured for total rebuilding costs – so read the policy carefully before you sign A year since storms wreaked havoc on parts of rural Suffolk, where picturesque black and white cottages were among the...