JPMorgan Chase posts record profit as the bank's massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.
Supreme Court May Limit Federal Prosecutions Over 'Misleading' But True Statements
The justices seem inclined to exclude "misleading" but true statements from a federal law prohibiting "false" statements to ...
Bank regulator gives BlackRock new deadline on bank stakes, Bloomberg reports
The Federal Deposit Insurance Corporation gave a fresh deadline of Feb. 10 to BlackRock to resolve an issue regarding ...
Potential Trump pick to lead bank regulator signals lighter rulewriting touch
The potential next head of a U.S. banking regulator laid out a sweeping plan on Friday to adopt a lighter touch on the ...
What we can VERIFY about Project 2025 and the FDIC
Project 2025 proposes merging the FDIC with other federal banking agencies, but it’s unclear how that merger would affect government-backed deposit insurance.
Top Federal Reserve bank regulator, under fire from GOP, to step down next month
The Federal Reserve’s top financial regulator said Monday that he would resign next month, avoiding a potential confrontation ...
Dismantling the FDIC Would Undermine a Fragile Banking System
Former FDIC chair William Isaac and Boston University’s Cornelius Hurley assess a potential DOGE effort to change banking ...
Commercial Observer2d
FDIC Relocating to 147K SF at 1166 Avenue of the Americas
The Federal Deposit Insurance Corporation ( FDIC) will relocate from the Empire State Building to 147,543 square feet at 1166 ...