(Reuters) — The FDIC sued 17 former executives and directors of Silicon Valley Bank on Thursday, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary ...

FDIC seeks billions of dollars in damages Officials faulted for 'egregious mismanagement' Bank's demise sparked fears of banking crisis Jan 16 (Reuters) - The FDIC on Thursday sued 17 former ...

All in all, it’s a highly favorable backdrop for banks, as witnessed by a rising balance in the FDIC insurance fund and a mere two bank failures in 2024, out of more than 4,500 institutions.

BlackRock has been reportedly given until 10 February to address concerns from the Federal Deposit Insurance Corporation (FDIC) regarding its investments in FDIC-regulated banks, reported Bloomberg.

The FDIC did not respond to a request for comment on the letter or the negotiations. GETTING TOO BIG? BlackRock, Vanguard and State Street now collectively control some $26 trillion in assets.

BlackRock (NYSE:BLK) has been given a new deadline to meet a demand by the Federal Deposit Insurance Corp. (FDIC) to resolve an issue over the oversight of the asset manager’s stakes in banks ...

FDIC Sues Ex-SVB Executives for Billions Over Bank’s Collapse Ex-CEO, CFO of Silicon Valley Bank accused of mismanagement Bank’s 2023 failure was biggest since 2008 financial crisis ...

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Check out photos from the event in the gallery. The Buckeyes will begin its defense of the title on Aug. 30 when the team welcomes Texas to the Horseshoe. Ohio State beat the Longhorns 28-14 in ...

Two rounds of snowfall has turned Greater Cincinnati into a winter playground. Did you build an epic snowman or have a neighborhood snowball fight? We want to see it. Share your photos using this ...

Ramaswamy, a 39-year-old suburban Cincinnati native, has never run for public office in Ohio. However, he has the money and the connections to President Donald Trump to make him instantly ...