Reports on the consequences of the revamp at the United States Federal Deposit Insurance Corp. Includes doubling of coverage to $200,000; Additional charges for large, new and fast-growing banks for the government's guarantee; Arguments for and against higher coverage.REHMBARBARAA.American Banker...
In the United States, runs were fairly common before the creation of the FDIC, which insures bank deposits up to a certain amount. See also: Panic. Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved run 1. A dealer's list of security offerings with respective bid and...
making international money movement more accessible and affordable. We're tackling one of Africa's biggest financial challenges: the high cost of sending money across borders, where African senders often pay double the fees despite sending smaller amounts. As a Y Combinator-backed startup, we're...
All of this, you may well be thinking, ignores the fact that the FDIC insures accounts at U.S. banks for $250,000 per depositor, per insured depository institution, for each account ownership category. If you’ve ever stood in a teller’s line at the bank, you m...
By Simon Johnson Citigroup is a very large bank that has amassed a huge amount of political power. Its current and former executives consistently push laws and regulations in the direction of allowing Citi and other megabanks to take on more risk, partic
Bankers Ask FDIC to Keep Up with Inflation, Insure Deposits to $200,000.(Knight Ridder/Tribune Business News)Jordon, Steve