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FDIC

Kamala Harris’ tax records reveal ‘fairly basic’ approach, experts say

by Adrian Jhonsan
Kamala Harris’ tax records reveal ‘fairly basic’ approach, experts say

U.S. Vice President Kamala Harris and second gentleman Douglas Emhoff descend from Air Force Two in Wilmington, DE, U.S., July 22, 2024.  Erin Schaff | Via Reuters Vice President Kamala …

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Categories World

Misconduct allegations not reported promptly

by James Odonell
Misconduct allegations not reported promptly

Martin Gruenberg, chairman of the Federal Deposit Insurance Corporation (FDIC), during a House Financial Services Committee oversight hearing in Washington, DC, US, on Wednesday, May 15, 2024.  Graeme Sloane | …

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Categories Politics

FDIC chief set to quit after report detailing toxic workplace

by Adrian Jhonsan
FDIC chief set to quit after report detailing toxic workplace

By Ken Sweet | Associated Press NEW YORK — The White House said Monday that the chairman of the Federal Deposit Insurance Corporation will step down, a departure that follows …

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Categories World

FDIC Chair Martin Gruenberg to resign after workplace harassment probe

by Adrian Jhonsan
FDIC Chair Martin Gruenberg to resign after workplace harassment probe

Martin Gruenberg, chair of the Federal Deposit Insurance Corp., testifies before the Senate Banking, Housing, and Urban Affairs Committee on Capitol Hill on May 16, 2024 in Washington, DC. Kevin …

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Categories World

FDIC Chairman To Exit After Report On Agency’s ‘Toxic Culture’

by James Odonell
FDIC Chairman To Exit After Report On Agency’s ‘Toxic Culture’

NEW YORK (AP) — Martin Gruenberg, the chairman of the Federal Deposit Insurance Corporation, will step down from his post once a successor is appointed, the White House said Monday. …

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Categories Politics

Why hundreds of U.S. banks may be at risk of failure

by Adrian Jhonsan
Why hundreds of U.S. banks may be at risk of failure

Hundreds of small and regional banks across the U.S. are feeling stressed. “You could see some banks either fail or at least, you know, dip below their minimum capital requirements,” …

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Categories World

Regional bank failures may be ahead, Fmr. FDIC Chair Sheila Bair warns

by Adrian Jhonsan
Regional bank failures may be ahead, Fmr. FDIC Chair Sheila Bair warns

Regional bank earnings may expose critical weaknesses, according to Sheila Bair, former chair of the U.S. Federal Deposit Insurance Corp. Their quarterly numbers begin hitting Wall Street this week. “I’m …

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Categories World

FDIC employees allege harassment, misogyny at banking regulator: report

by Ev Richard
FDIC employees allege harassment, misogyny at banking regulator: report

Current and former employees at the Federal Deposit Insurance Corporation (FDIC) said the banking regulator fostered a toxic work environment rife with sexual harassment and misogyny that drove women to …

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Categories Technology

Top 5-Year CD Rates for August 2023

by Craig Fedirighi
Top 5-Year CD Rates for August 2023

Even though 1-year CD rates are currently higher, opting for a high-yielding 5-year CD can still be beneficial in the long run. This is because it guarantees an excellent Annual …

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Categories Business

Top 3-year CD Rates in August 2023

by Craig Fedirighi
Top 3-year CD Rates in August 2023

Today’s best 3-year CD rates are surpassing 4.00% APY, making it an opportune time to invest in a high-yield CD. CDs are available in various terms ranging from three to …

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Categories Business
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