Industry News

FDIC recommends overhauling U.S. insurance deposit system

Industry

FDIC recommends overhauling U.S. insurance deposit system

The proposal appears to acknowledge the FDIC is looking for ways to calm depositors and markets

By The Associated Press |May 1, 2023

2 min read

Decorative pattern

Industry

Fed’s SVB review points to tougher bank regulation

Moody's says prudential requirements and supervision are likely to be stiffened

By James Langton |May 1, 2023

2 min read

Decorative pattern

Industry

First Republic Bank seized, sold to JPMorgan Chase

Customers pulled out more than US$100 billion in deposits after SVB and Signature Bank failed

By Ken Sweet, The Associated Press |May 1, 2023

4 min read

CFTC fraud case results in record penalty

Economic Indicators

CFTC fraud case results in record penalty

U.S. court orders US$3.4 billion in penalties and restitution in global forex fraud

By James Langton |April 28, 2023

1 min read