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

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    May 10, 2013 |Story| Los Angeles Times

  1. Freshman senator with senior pluck takes on the financial industry

    WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill.
    WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes,...

    Tags: Parties and Movements, Freddie Mac, Scott P. Brown, Banking, Finance

    2. Apr 26, 2013 |Story| Los Angeles Times

  2. High-cost borrowing is a new American norm, research finds

    High-cost borrowing through payday loans, pawn shops, auto title loans and others is no longer on the margins of U.S. consumer behavior — about 1 in 4 Americans have tapped this kind of financing, new research shows.
    High-cost borrowing through payday loans, pawn shops, auto title loans and others is no longer on the margins of U.S. consumer behavior — about 1 in 4 Americans have tapped this kind of financing, new research shows. A new study by the National...

    Tags: Research, Consumers, U.S. Consumer Financial Protection Bureau

    3. Mar 14, 2013 |Story| Los Angeles Times

  3. Chrysler bankruptcy expert named Detroit's emergency manager

    A Washington bankruptcy expert who represented Chrysler during its successful restructuring was named as the state-appointed emergency financial manager charged with helping to bring Detroit out of its fiscal morass.
    A Washington bankruptcy expert who represented Chrysler during its successful restructuring was named as the state-appointed emergency financial manager charged with helping to bring Detroit out of its fiscal morass. Kevyn Orr, 54, was named on Thursday...

    Tags: New York City Police Department, Financially Distressed Companies, Politics, Finance, Rick Snyder

    4. Mar 14, 2013 |Story| Los Angeles Times

  4. Letters: Bank business

    Re "OneWest is said to be exploring a sale," Business, March 9 The current value of OneWest Bank is nearly twice the $1.55 billion investors paid to buy it in 2009. Those great profits, of course, ignore the $13 billion bath the public took when the...

    Tags: Walmart

    5. Mar 11, 2013 |Story| Los Angeles Times

  5. World economic index hits 19-month high, boosted by U.S., Japan

    WASHINGTON -- The economic outlook for the world's major economies improved in January, bolstered by signs of firmer recoveries in the U.S. and Japan, the Organization for Economic Development and Cooperation said Monday.
    WASHINGTON -- The economic outlook for the world's major economies improved in January, bolstered by signs of firmer recoveries in the U.S. and Japan, the Organization for Economic Development and Cooperation said Monday. The international group's...

    Tags: Japan, Labor Markets

    6. Mar 11, 2013 |Story| Los Angeles Times

  6. Would FDIC deter wrongdoing by announcing settlements with banks?

    On its website, the Federal Deposit Insurance Corp. says pursuing damages when banks fail is a way to restore public confidence in the industry.
    On its website, the Federal Deposit Insurance Corp. says pursuing damages when banks fail is a way to restore public confidence in the industry. Doing so, it says in an analysis of the savings and loan crisis of the 1980s, creates “the...

    Tags: U.S. Senate Committee on Banking, Housing, and Urban Affairs, Justice System, Deutsche Bank AG, Finance, Economy, Business and Finance

    7. Mar 7, 2013 |Story| Los Angeles Times

  7. Fed stress tests show biggest banks could survive deep recession

    WASHINGTON -- The nation's largest banks as a group could withstand a severe recession and are much better positioned for blunting economic shocks than before the financial crisis, the Federal Reserve said Thursday in releasing the latest round of stress test results.
    WASHINGTON -- The nation's largest banks as a group could withstand a severe recession and are much better positioned for blunting economic shocks than before the financial crisis, the Federal Reserve said Thursday in releasing the latest round of...

    Tags: Federal Reserve, Citigroup Incorporated, Buyback, Finance, Bank of America Corp.

    8. Mar 3, 2013 |Story| Los Angeles Times

  8. Monday's TV Highlights: 'Switched at Birth' on ABC Family

    <a name="tvhighlights"></a>
    Customized TV Listings are available here: www.latimes.com/tvtimes Click here to download TV listings for the week of March 3 - 9, 2013 in PDF format This week's TV Movies     -------------------- SERIES "The Biggest Loser" Fashion expert Tim...

    Tags: Katheryn Winnick, G4 (tv network), Michael Bolton, Sheila Bair, Jon Stewart

    9. Feb 26, 2013 |Story| Los Angeles Times

  9. Bank profits rose 37% in fourth quarter, FDIC says

    Despite a pinch from low interest rates, America&rsquo;s 7,083 federally insured banking firms turned in the second-highest annual earnings in history last year -- $143.3 billion, according to the Federal Deposit Insurance Corp.
    Despite a pinch from low interest rates, America’s 7,083 federally insured banking firms turned in the second-highest annual earnings in history last year -- $143.3 billion, according to the Federal Deposit Insurance Corp. That was more than 19%...

    Tags: Mortgages, Financial and Business Services, Finance, Bank of America Corp., JPMorgan Chase & Co.

    10. Dec 5, 2012 |Story| Los Angeles Times

  10. Alan Simpson and Mr. Burns from 'The Simpsons' talk fiscal cliff

    The "fiscal cliff" is looming. Talks are basically at a standstill. Fingers are being pointed. Here to weigh in: two sets of Simpsons.
    The "fiscal cliff" is looming. Talks are basically at a standstill. Fingers are being pointed. Here to weigh in: two sets of Simpsons. One, the animated Fox TV show “The Simpsons,” gets its resident moneybags, Mr. Burns, to explain the...

    Tags: Media Industry, U.S. Congress, Fiscal Cliff, The Simpsons (tv program), Barack Obama

    11. Dec 4, 2012 |Story| Los Angeles Times

  11. Banks' third-quarter profits the highest in six years, FDIC says

    WASHINGTON &mdash; Profits at U.S. banks increased 9.4% in the July-through-September period from the previous three months, the best quarterly performance in six years, the Federal Deposit Insurance Corp. <a href="http://www.fdic.gov/news/news/press/2012/pr12139.html">reported </a>Tuesday.
    WASHINGTON — Profits at U.S. banks increased 9.4% in the July-through-September period from the previous three months, the best quarterly performance in six years, the Federal Deposit Insurance Corp. reported Tuesday. Loan balances at the nation's...

    Tags: Mortgages, Finance, Economy, Business and Finance

    12. Sep 17, 2012 |Story| Los Angeles Times

  12. Disadvantages and options for job hunters without college degrees

    Navigating the job market without a college degree is harder than ever, but there are still plenty of solid jobs to be had, according to a new report.
    Navigating the job market without a college degree is harder than ever, but there are still plenty of solid jobs to be had, according to a new report. Some 29 million jobs with annual salaries of more than $35,000 exist for those who haven’t...

    Tags: Media Industry, Colleges and Universities, Labor Markets, Georgetown University

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