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Federal Deposit Insurance Corporation

A collection of news and information related to Federal Deposit Insurance Corporation published by this site and its partners.

Top Federal Deposit Insurance Corporation Articles see all

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  • Money market rules designed to increase awareness

     Money market rules designed to increase awareness
    SEC action involving the $2.6 trillion money market industry reminds people that money market funds are a different breed than savings accounts.
  • Lender CIT to buy OneWest Bank, formerly IndyMac, for $3.4 billion

    Lender CIT to buy OneWest Bank, formerly IndyMac, for $3.4 billion
    OneWest Bank in Pasadena, born from the ashes of failed high-risk home lender IndyMac Bank, has agreed to be acquired by commercial lender CIT Group for $3.4 billion, a hugely profitable deal for the hedge-fund and private-equity investors that have owned...

    CIT Group to buy Pasadena lender OneWest Bank

    CIT Group to buy Pasadena lender OneWest Bank
    Pasadena's OneWest Bank, which rose from the ashes of failed high-risk home lender IndyMac Bank, agreed to be bought by commercial lender CIT Group Inc. in a $3.4-billion deal that would create the biggest bank based in Southern California. The...

    Fewer than 3 percent of nation's banks are minority institutions

    Fewer than 3 percent of the nation’s 6,730 banks are minority institutions, but that’s still a bigger percentage than a decade ago, according to a study released Monday by the Federal Deposit Insurance Corp. The FDIC defines a “...

    Pimco Total Return cut U.S. govt debt to 47 percent in June

    NEW YORK (Reuters) - Bill Gross, who runs the world's biggest bond fund at Pacific Investment Management Co, slightly reduced his holdings of U.S. Treasuries and government-related debt in June but increased his use of derivatives on a bet the Federal...