Joe Adler

WASHINGTON — Charges that Rep. Maxine Waters, D-Calif., helped win special treatment for a struggling bank may add fire to a continuing debate over whether the government's system for awarding bailout funds was fair, observers said.

While the Federal Deposit Insurance Corp. successfully securitized failed-bank assets last week, helping it to off-load the detritus of recent collapses, it remains unclear whether the deal will accomplish another policy goal: helping reboot the private securitization market.

Five bank closures in four states Friday cost the federal government an additional $334 million in losses.

Barney Frank in hubbub over senior fare discount; rookie phenom can now commiserate with Ben Bernanke as target of rebuke by Sen. Jim Bunning; Goldman's profanity ban.

Five bank closures in four states Friday cost the federal government an additional $334 million in losses.

WASHINGTON — Though Congress consented to industry requests to extend a program that provides unlimited deposit insurance coverage for non-interest-bearing checking accounts, hard questions remain about how the extension will be implemented.

The central bank's Beige Book, released Wednesday, reported that some districts showed improvements in loan demand, lending standards and credit quality, while conditions in other regions were unchanged or worse than before.

Obama is cautious on Elizabeth Warren's prospects to head a new agency; Ken Feinberg's effort after 18 months; Dodd-Frank Act tops when compared to other landmark bills; and more.

As federal regulators begin implementing regulatory reform, at least one agency plans to step up its disclosure of private meetings with industry insiders.

North American Financial Holdings, a group formed by former Bank of America Vice Chairman Eugene Taylor, sealed deals to buy 3 failed banks in the Southeast late Friday.

North American Financial Holdings Inc., a group formed in December by former Bank of America Corp. Vice Chairman Eugene Taylor, sealed deals to buy three failed institutions in the Southeast late Friday.

The Federal Deposit Insurance Corp. is not waiting for regulatory reform's enactment to develop plans for a new resolution system.

Looking to recoup some of the billions spent cleaning up after the financial crisis, the FDIC eyes legal action against officers and directors of failed banks.

WASHINGTON — Bankers and some lawmakers reacted with a mix of uncertainty and outrage on Wednesday after the conference committee opted to raise deposit insurance premiums on large institutions in an effort to pay the costs of the regulatory reform bill.

The Federal Deposit Insurance Corp. miscalculated several loss estimates stemming from 2009 loss-sharing deals with failed-bank acquirers, a federal audit said Monday.

Three more banks failed late Friday, at an estimated additional cost to the Federal Deposit Insurance Corp. of $285 million.

Three more banks failed late Friday, at an estimated additional cost to the Federal Deposit Insurance Corp. of $285 million.

Those looking for clear winners and losers after the conference committee struck a historic final agreement early Friday on regulatory reform legislation are bound to be frustrated.

Those looking for clear winners and losers after the conference committee struck a historic final agreement early Friday on regulatory reform legislation are bound to be frustrated.

The OTS's watchdog said the agency was ineffective in regulating BankUnited before the Coral Gables, Fla., thrift's 2009 failure and improperly allowed BankUnited to backdate a capital infusion.