FDIC

Years of consolidation have damaged competition in the banking sector. Regulators should be more, not less, restrictive about approving mergers.

The interagency report recommends practices for financial institutions to manage relationships with fintechs and other third parties.

The Federal Deposit Insurance Corp. said in its quarterly banking profile that the banking industry remains resilient despite a challenging economic backdrop, but exposure to commercial real estate losses and interest rate risks could make continued stability difficult.

A full accounting of regulators' actions in the lead-up to the collapse of Silicon Valley Bank, as well as other recent bank failures, is necessary to restore public confidence in both the banking system and the government itself.

The justices ruled this week that a lower court should have ordered the FDIC to reconsider its lifetime ban of a Michigan banker instead of deferring to the agency's judgment. The decision could make financial regulators more hesitant to take certain enforcement actions, experts predict.

In recent years, stress tests have not accounted for some very clear real-world risks. This must change immediately.

Tim Mayopoulos, the CEO the FDIC brought in to manage and sell the failed bank, discusses what happened and what bankers can learn.

The Federal Deposit Insurance Corp. board voted 3-2 to propose a special assessment of 0.125% on banks with uninsured deposits over $5 billion.

The Federal Deposit Insurance Corp. is poised to exempt smaller lenders from kicking in extra money to replenish the government's bedrock Deposit Insurance Fund, and instead saddle the biggest banks with much of the bill.

The Federal Deposit Insurance Corp. failed to create a level playing field for nonbank bidders pursuing First Republic Bank, according to FDIC board member Jonathan McKernan.