fdic
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Business
Biden to nominate CFTC’s Christy Goldsmith Romero to lead FDIC
President Biden will nominate Christy Goldsmith Romero, a Democratic member of the Commodity Futures Trading Commission, to replace Martin Gruenberg…
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Business
FDIC Chair Martin Gruenberg to resign after sex-harassment scandal at agency
Federal Deposit Insurance Corp Chair Martin Gruenberg announced his resignation on Monday, finally succumbing to a months-long scandal over sexual…
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Business
Philly lender Republic First Bancorp seized by feds in latest regional bank collapse
US regulators have seized Republic First Bancorp and agreed to sell it to Fulton Bank, the Federal Deposit Insurance Corp.…
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Business
Citi to cut 20K jobs after worst fourth-quarter loss in 15 years
Citigroup plans to slash 20,000 jobs over the next two years after the struggling bank reported its worst fourth-quarter earnings…
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Business
JPMorgan posts record profits for 2023 despite 15% drop in Q4
JPMorgan Chase posted a record annual profit — nearly $50 billion — despite taking a $3 billion hit in the fourth…
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Business
FDIC’s Martin Gruenberg Questioned Over Sex, Nude Photos at Agency
The embattled head of the Federal Deposit Insurance Corporation was questioned on Capitol Hill on Tuesday, a day after an…
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Business
FDIC Workers Describe Sexual Harassment in the Workplace: WSJ
Banking regulator Federal Deposit Insurance Corp. was a toxic cesspool of misogyny that failed to punish male supervisors for vile…
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