Joe Adler

WASHINGTON — For nearly 10 years, the top officials at the Federal Deposit Insurance Corp. warned about the danger of the declining level of federal reserves, but a funny thing happened when the Deposit Insurance Fund finally went broke in 2009: Nobody cared.

Seven failed banks holding a combined $14 billion in assets failed Friday in what was yet another busy night for the Federal Deposit Insurance Corp.

WASHINGTON — As the number of bank failures continues to rise, some industry representatives are making a case that amounts to political heresy: the Federal Deposit Insurance Corp. should prop up dying institutions rather than letting them collapse.

Seven failed banks holding a combined $14 billion in assets failed Friday in what was yet another busy night for the Federal Deposit Insurance Corp.

The federal banking regulators Thursday called on institutions to send comments to the Basel committee about proposed changes in the international capital rules.

The Federal Reserve Board announced a $135,000 fine Thursday against Regions Financial Corp. for alleged violations of the National Flood Insurance Act.

A Federal Deposit Insurance Corp. report Thursday urged institutions to defend against interest rate risk as the economy begins to recover.

The Federal Deposit Insurance Corp. delayed a proposal Tuesday to place new restrictions on securitizations after board members disagreed about its impact.

Karen Mills, the administrator of the Small Business Administration, signaled Monday that policymakers are not considering making direct loans to small businesses, but are instead choosing methods to attract banks back to the SBA.

WASHINGTON — Regulators closed three more banks Friday evening to bring the year's failure total to 133.

Federal Deposit Insurance Corp. Chairman Sheila Bair said Friday that her agency was reluctant to take part in giving federal aid for Bank of America Corp.'s takeover of Merrill Lynch, but later consented.

WASHINGTON — Regulators closed three more banks Friday evening to bring the year's failure total to 133.

The Federal Deposit Insurance Corp. is expected to rule on two matters Tuesday stemming from new accounting standards for off-balance-sheet assets.

A provision tucked in the massive regulatory reform bill by House Financial Services Committee Chairman Barney Frank would require regulators to consider thrift deposits when calculating whether a merger violates the federal ban on any one institution from controlling more than 10% of the nation's deposits.

President Obama on Tuesday reiterated his administration's plans to help small businesses challenged by the economic climate find access to credit.

An oversight report said the Small Business Administration needed to improve its system for gauging the risk of lenders that receive SBA loan guarantees.

The Federal Deposit Insurance Corp. on Friday laid out the process for banks to seek exemptions from new deposit-rate restrictions.

Who is Sheila Bair? FDIC Chairman makes the Jeopardy! board; nonprofits recognized for advancing financial education; Bernanke renomination backlash; and more.

Less than a week after its parent's bankruptcy filing, Cleveland-based AmTrust Bank failed Friday at a cost of $2 billion to the government.

Less than a week after its parent's bankruptcy filing, Cleveland-based AmTrust Bank failed Friday at a cost of $2 billion to the government.