Joe Adler

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.

WASHINGTON – While several critical regulatory reform issues remained in limbo late Wednesday, House and Senate conferees agreed to several key provisions, including one allowing banks to pay interest on business checking accounts.

As House members debated the financial regulatory package, Republicans Judy Biggert and Darrell Issa surprisingly won adoption of an amendment Wednesday that would require the Federal Deposit Insurance Corp.'s inspector general to investigate whether political pressure played a role in securing private-sector assistance for troubled institutions.

The Federal Deposit Insurance Corp. said Tuesday it would delay raising premiums until the economic outlook gets clearer and Congress finalizes changes to the system as part of regulatory reform.

Federal Deposit Insurance Corp. Sheila Bair warned Friday against indefinite government control of Fannie Mae and Freddie Mac.

Sen. Dodd channels Satre during reg reform conference; Britain finally trumps us on separation of powers; Classic cars listed among damages Feds might collect from Farkas.

The government announced a massive indictment Wednesday against the former head of Taylor, Bean & Whitaker, alleging a widespread fraud of nearly $2 billion that, officials said, helped trigger the biggest bank failure of 2009.

WASHINGTON — Lawmakers unexpectedly added an overhaul of the deposit insurance system to the final regulatory reform legislation on Tuesday, adding sweeping provisions that were not part of either the House or Senate revamp bills.

A fight is brewing over which agency should replace the soon-to-be-eliminated Office of Thrift Supervision on the board of the Federal Deposit Insurance Corp. While the House regulatory reform bill would give that seat to the Federal Reserve Board, the Senate's version would assign it to the proposed consumer protection bureau.

A fight is brewing over which agency should replace the soon-to-be-eliminated Office of Thrift Supervision on the board of the Federal Deposit Insurance Corp. While the House regulatory reform bill would give that seat to the Federal Reserve Board, the Senate's version would assign it to the proposed consumer protection bureau.

WASHINGTON — Industry groups continued their full-court press Wednesday to keep an interchange provision out of the final regulatory reform bill, but whether they could succeed was an open question.