Joe Adler

WASHINGTON -- The Federal Deposit Insurance Corp. issued a sharp rebuke Friday of an Internet video alleging the agency has let the new owners of failed IndyMac Bank unduly profit from the deal.

A Miami home builder said late Wednesday that it had bought a piece of $3 billion in failed-bank loans in another deal featuring Federal Deposit Insurance Corp. financing.

A securitization trade group Wednesday applauded recent remarks by Comptroller of the Currency John Dugan calling into question "skin-in-the-game" risk-retention proposals.

Former Citi CEO John Reed's Nixon-to-China moment; two CU trade groups, two flavors of disappointment on Obama's small biz plan; anti-money-laundering guru moves on ...

The FDIC said Community Development Bank would take over operations of 1st American State Bank, which late Friday became the third institution closed in Minnesota this year.

The FDIC said Community Development Bank would take over operations of 1st American State Bank, which late Friday became the third institution closed in Minnesota this year.

Though President Obama began a concerted push this week to encourage bankers to boost lending to small businesses, some are wondering if the government will come to regret trying to force the issue.

WASHINGTON — Though lawmakers said Tuesday they support the goal of President Obama's $30 billion program to spur small-business lending, many sharply criticized the proposal, arguing it either would not work or could be done more directly.

The Obama administration proposed Monday to raise the required level of reserves at the FDIC to more than $80 billion — a move that would require banks to pony up a huge amount of money.

WASHINGTON — The Obama administration on Monday called for a higher level of funding from the industry to help the Federal Deposit Insurance Corp. deal with failures.

WASHINGTON — For the second Friday in a row, the Federal Deposit Insurance Corp. relied on new-bank capital to find homes for the operations of failed institutions.

WASHINGTON — For the second Friday in a row, the Federal Deposit Insurance Corp. relied on new-bank capital to find homes for the operations of failed institutions.

Bankers cannot wait for interest rates to start rising before deciding how they plan to handle it, regulators, executives and others said Friday at a conference devoted to interest rate risk.

Bankers cannot wait for interest rates to start rising before deciding how they plan to handle it, regulators, executives and others said Friday at a conference devoted to interest rate risk.

With just three days remaining in his term, the Senate voted 70 to 30 on Thursday to give Federal Reserve Board Chairman Ben Bernanke another four years at the helm of the central bank.

In interviews, some regulators predicted rising rates will take a significant chunk out of earnings, while others said they expect minimal damage.

A panel formed by the Federal Deposit Insurance Corp. to explore community banking issues is to hold its second meeting Thursday.

Regulators may be more open to selling failed banks to nontraditional owners — or maybe there are just fewer buyers.

WASHINGTON — The Federal Deposit Insurance Corp. and Bank of England announced an agreement for better cooperation during cleanups of international banks.

WASHINGTON — In an unusual congressional hearing, regulators were essentially put on trial Thursday for having closed a Chicago-based chain of community banks last fall.