Federal Deposit Insurance Corporation

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  • Bank Failures Sluggish in ’14

    Over the weekend, the FDIC closed its 14th failed bank of 2014, Greenchoice Bank in Chicago.

    National 28 July 2014 13:24
  • Citi Pays Fine for Subprime Misdeeds

    Citigroup agreed to pay $7 billion to settle charges levied by the U.S. Department of Justice that the banking giant routinely and brazenly securitized and sold vast numbers of bum mortgages to investors in 2006 and ’07, and knew it was doing so.

    National 15 July 2014 12:48
  • U.S. Banks Are Healthy

    According to the Federal Deposit Insurance Corp., American banks had their best-ever quarter during the first quarter of this year.

    National 30 May 2013 13:21
  • Former Corus Bank Portfolio on the Market

    ST Residential has put a portfolio of 13 multifamily properties in eight states on the market.

    West 28 January 2013 20:19
  • Banks Getting Healthier

    The Federal Deposit Insurance Corp. reported that commercial banks and savings institutions insured by the agency reported an aggregate profit of $35.3 billion during the first quarter of 2012, a $6.6 billion improvement compared with the first quarter of 2011.

    National 25 May 2012 13:40
  • Home Values Slip More

    The economy might be slowly turning in the right direction, but it's going to take more positive momentum to goad U.S. housing values in an upward direction.

    National 29 February 2012 14:54