FDIC

Personal finance guru Suze Orman launched The Approved Card, a prepaid debit card, on Monday. It is a purple plastic debit card with the Master Card logo on it and self-branded with Orman's name.

Washington Mutual Inc., the biggest bank to fail in U.S. history, said it reached a settlement in a dispute between shareholders and certain creditors that had prevented the bank from emerging from Chapter 11 bankruptcy proceedings.

Sheila Bair, former chairwoman of the Federal Deposit Insurance Corp. (FDIC), is said to be the leading candidate to monitor banks during a nationwide foreclosure settlement.

Small banks are facing some of the largest personnel costs in the banking industry, while large institutions are tepidly adding jobs, an analysis by the Wall Street Journal published Wednesday has found.

With a banking sector that seemingly cycles from reticence to lend, lending at prohibitive interest rates, and outright banker-to-banker mistrust (the latest round of which is being driven by renewed concern about Italy's debt), is today's U.S. banking sector where Framer/Founding Father Alexander Hamilton wanted it to be?

Lack of financing accounts for 21 percent of stalled construction sites, dampening job growth, according to research from the American Institute of Architects (AIA) and analysis of McGraw-Hill Construction data.

U.S. regulators closed two more banks on Friday -- one in Utah and another in Nebraska -- bringing the total number this year to 87.

Regulators closed four banks in the United States on Friday, including one in Colorado with over $1 billion in assets, bringing the total number of closures this year to 84.

If Thomas Hoenig, retired chairman of Federal Reserve Bank of Kansas City, becomes the new vice chairman of the Federal Deposit Insurance Corporation, will the era of big banks come to an end?

President Barack Obama on Thursday nominated a prominent critic of large banks for a key banking industry regulatory post.

Unconventional times require unconventional measures. It is time for the American people to start a public, federal bank?

Two former executives of a bank that received a $300 million federal bailout before its collapse during the financial crisis are facing criminal and civil fraud charges for their role in trying to conceal loan losses.

A draft proposal of the Volcker rule that cracks down on banks' proprietary trading gives firms flexibility to hedge risk, and sets stringent limits on such trading beyond U.S. borders to address fears the rule will put U.S. firms at a disadvantage.

Regulators closed two banks -- one in Norfolk, Virginia and the other in Nevada City, California -- on Friday, bringing the total number of closures this year to 73.

As Bank of America's stock dropped to a 52-week low in trading Tuesday and UBS became the latest bank to announce jobs cuts there's good news from the financial services industry -- a quarterly report from the FDIC shows that banks' finances are improving.

Looks like Warren might be thinking about it for 2012.

Political action committee wants Warren to run for Scott Brown?s seat.

Where can investors hide when even gold and cash look dicey?

FBR Capital Markets upgraded its rating on shares of Nara Bancorp, Inc. (NASDAQ: NARA) to "outperform" from "market perform" ahead of near-term catalysts and recent pullback, with a price target of $10.

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Since the financial crisis, laws have changed to better regulate financial institutions. However, they don’t go far enough and there are still unresolved issues, said Professor Joseph Stiglitz in an interview with IBTimes.