FDIC

First Citizens Bank Acquires Silicon Valley Bank, Costing FDIC Deposit Insurance Fund an Estimated $20B

According to the Federal Deposit Insurance Corporation (FDIC), … More…

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First Citizens and Valley National compete to purchase Silicon Valley Bank

Amid reports that Pennsylvania-based Customers Bancorp was seeking… More…

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Operation Chokepoint: Bitcoin Advocates Discuss US Government’s Alleged Mission to Eliminate Crypto Access

Since the collapse of three American banks friendly to cryptocurrency… More…

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Looking at Some Unanswered Signature and Silvergate Bank Questions

It seems the crypto industry still has some questions about Signature… More…

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Flagstar Bank Acquires Signature Bank’s Assets and Branches, Excluding Cryptocurrency Operations

On Monday, about a week after the collapse of Signature Bank, the Federal… More…

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Signature Bank Deposits to Be Assumed by New York Community Bank Unit: FDIC

The 40 former branches of Signature Bank will operate under New York… More…

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US midsize banks seek FDIC Insurance on ‘all deposits’ for 2 years: Report

The banking coalition reportedly argued that it would bring stability… More…

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Crypto market cap reclaims $1T, and derivatives point to further upside

Bitcoin’s performance has outpaced Warren Buffett’s Berkshire … More…

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FDIC Denies Report Signature Bank Purchaser Must Divest Crypto

The Federal Deposit Insurance Corporation denied it would require… More…

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Republican Congressman Tom Emmer Queries FDIC on Alleged Efforts to Purge Crypto Activity from US

On Wednesday, Tom Emmer, the U.S. Republican congressman from Minnesota,… More…

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