FDIC
The Latest
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Federal Investigation Uncovers Rampant Misconduct at FDIC
A comprehensive independent investigation into the Federal Deposit Insurance Corporation (FDIC) has uncovered widespread instances of sexual misconduct, bullying, and racial discrimination within the agency, prompting urgent calls for reform at one of the nation's key banking regulators. 
A comprehensive independent investigation into the Federal Deposit Insurance Corporation (FDIC) has uncovered widespread instances of sexual misconduct, bullying, and racial discrimination within the agency, prompting urgent calls for reform at one of the nation's key banking regulators. -
Silicon Valley Bank Bailout: Unveiling the List of Tech Titans Saved by FDIC
This includes Sequoia Capital, which held $1 billion at the bank, and KanZhun Ltd., the parent company of job search platforms Boss Zhipin and Kanzhun, with more than $900 million in the bank. 
This includes Sequoia Capital, which held $1 billion at the bank, and KanZhun Ltd., the parent company of job search platforms Boss Zhipin and Kanzhun, with more than $900 million in the bank. -
FDIC Reportedly Pursuing Sale of Silicon Valley Bank, Signature Bank Securities Portfolios
Sources familiar with the matter claim that the FDIC is seeking advisors to sell the securities portfolios of failed Silicon Valley Bank and Signature Bank, which their new owners declined to take on. The portfolios consist of low-yielding assets, such as Treasuries and U.S. government agency-backed securities, which the two regional banks accumulated when interest rates were near zero. 
Sources familiar with the matter claim that the FDIC is seeking advisors to sell the securities portfolios of failed Silicon Valley Bank and Signature Bank, which their new owners declined to take on. The portfolios consist of low-yielding assets, such as Treasuries and U.S. government agency-backed securities, which the two regional banks accumulated when interest rates were near zero. -
Silicon Valley Bank Failure: FDIC Takes Over as Depositors Fear Losses
California regulators closed down Silicon Valley Bank on Friday, marking the most significant bank failure in the United States since 2008, with the US Federal Deposit Insurance Corporation (FDIC) taking over the failed bank. 
California regulators closed down Silicon Valley Bank on Friday, marking the most significant bank failure in the United States since 2008, with the US Federal Deposit Insurance Corporation (FDIC) taking over the failed bank.
