Joe Adler

We already know of one presidential candidate, Rep. Ron Paul, R-Texas, who is a steadfast critic of the Federal Reserve System. But did you know that another used to be a central banker himself?

A New York art installation claims to offer exactly that to visitors of a Manhattan diner in the form of the bathroom used by JPMorgan Chase's top brass.

WASHINGTON — First International Bank in Plano, Texas, became the year's 74th failed institution late Friday.

Bankers have reacted well to acting FDIC chief Gruenberg's first speech since taking helm of the agency, but say actions will speak louder than words.

Acting chairman stresses that the agency's own planning is just as important as plans submitted by companies.

Large banks see capital and premium implications from large deposits that seek full FDIC insurance.

Efforts to track the money flow of criminals – in place before Sept. 11 — were almost totally revamped in the years following the attacks.

Regional-sized bank holding companies, which must submit resolution plans, say their rules should not mirror those of the biggest firms.

A single acquirer picked up the operations of two failed Georgia banks late Friday in a deal costing the Federal Deposit Insurance Corp. nearly $72 million.

Investor's stake in the future of Bank of America shows a boldness that banks now lack.

Loans or other investments that "revitalize or stabilize federally designated disaster areas" could help boost banks' scores on Community Reinvestment Act exams, the FDIC said in a letter to institutions.

ICBA says fair-lending actions overstep legal authority by focusing outside a bank's CRA assessment boundaries.

Krueger, who would succeed Austan Goolsbee on the Council of Economic Advisers, had stints in both the Treasury and Labor departments

The banking and credit union trade associations in Washington are not known to see eye to eye very often. But they do sometimes swap staff.

With the Eastern Seaboard bracing Friday for the arrival of Hurricane Irene, the FDIC told banks to look in the not-too-distant past for how to deal with damaging storms.

A new Federal Reserve Board report refutes the claim by some that the Community Reinvestment Act and affordable housing goals of Fannie Mae and Freddie Mac caused the mortgage crisis.

Institutions made more progress this year clearing out the worst of shared corporate loans stemming from the financial crisis, but whether they can translate that into loan expansion is still an open question.

Any broad new plan to refinance mortgages would hold considerable appeal to the Obama administration, and might raise fewer objections than earlier plans did.

Underlyling the FDIC's relatively positive quarterly report is a story of risk aversion by banks. Earnings can't be sustained at this rate, regulators warn.

The Federal Deposit Insurance Corp.'s "Quarterly Banking Profile" showed many positive signs for the industry. Net income was nearly 38% higher than a year earlier, registering the eighth straight quarter with year-over-year earnings growth. Total loans rose 0.9% in the quarter to $7.3 trillion, the first such increase in three years.