Joe Adler

WASHINGTON — Four more banks failed Friday night totaling $1.2 billion in assets and costing the Federal Deposit Insurance Corp. an estimated $320 million.

The Senate approved sweeping student-loan reforms Thursday, including the elimination of subsidies for banks to make federal loans.

The Federal Deposit Insurance Corp. heard feedback Monday from private-equity players on the agency's controversial standards for failed-bank investments.

As Congress moves to enact a bill this week that would kill government subsidies for private student lenders, companies that relied on Uncle Sam must dramatically reposition themselves to stay competitive, observers said Monday.

Regulators closed seven banks Friday, including the largest bank subsidiary of bankrupt Advanta Corp. Resolving the banks, which held a combined $3.3 billion in assets, will cost the Federal Deposit Insurance Corp. $1.3 billion. The year's failure tally now stands at 37, or more than double the number at this point last year.

Regulators closed seven banks Friday, including the largest bank subsidiary of bankrupt Advanta Corp. Resolving the banks, which held a combined $3.3 billion in assets, will cost the Federal Deposit Insurance Corp. $1.3 billion. The year's failure tally now stands at 37, or more than double the number at this point last year.

Sen. Boehner admonished for "cheap shot"; Sen. Shelby's strategy to win back the Senate for the GOP? Divide up Texas; Bair falls short with the grammar-school set; and more.

Federal Deposit Insurance Corp. Chairman Sheila Bair opened the door Thursday to extending blanket deposit insurance coverage on business accounts, but disagreed with another regulator's push to count more loan-loss reserves as capital.

WASHINGTON — Federal Deposit Insurance Corp. Chairman Sheila Bair said the agency is considering a further extension of its unlimited coverage for noninterest bearing checking accounts, which is currently due to expire June 30.

The federal bank agencies released final guidelines Wednesday urging better management of liquidity risk.

The federal bank agencies released final guidelines Wednesday urging better management of liquidity risk.

More than a year after the massive bank bailout started, officials announced the first fraud case Monday against an executive charged with trying to game the government's help.

WASHINGTON — The Federal Deposit Insurance Corp. is dusting off yet another tactic originated during the savings and loan crisis for dealing with its current failure load.

WASHINGTON — The government closed state-chartered banks in New York, Florida and Louisiana late Friday to bring the year’s failure tally to 30.

Veteran banking lawyer/lobbyist Paul S. Quinn switches legal firms; Sen. Bob Corker's "bizarre" day; More CFPA-related funnies from Hollywood; and more.

WASHINGTON — The government closed state-chartered banks in New York, Florida and Louisiana late Friday to bring the year's failure tally to 30.

The Federal Deposit Insurance Corp. extended its temporary protection for securitized assets from failed-bank seizures to Sept. 30.

WASHINGTON — A bill to end private lenders' role in government guaranteed student lending — assumed to be on its way to quick enactment — has suddenly become a hotly contested debate.

The Federal Reserve Board gave the $200 million-asset Horizon Bank a narrow time frame to raise capital or find a buyer.

Federal Deposit Insurance Corp. Chairman Sheila Bair said past regulatory policies helped encourage arbitrage by institutions, which in turn contributed to the recent crisis.