The big banks should not be allowed to dip into FDIC-insured deposits to engage in risky trading activities, Sen. Elizabeth Warren, D-Mass., said on CNBC Friday, as she pushed for a new, modern-day bank breakup bill.
The FDIC, OCC and the Fed jointly proposed new rules on bank borrowing that could hamper lending. The new rules will make the biggest banks fund 5 percent of their assets.
Dick Bove, Rafferty Capital analyst, explains why the new banking regulation is a "turf war" between the Fed, which believes in the Basel III approach to capital, and the FDIC.
The FDIC on Tuesday will propose a leverage rule requiring big banks to have common equity equal to at least 5 percent of their assets, sources tell CNBC.
The FDIC's stricter leverage rules will be announced on Tuesday, reports CNBC's Kate Kelly. The FDIC is expected to raise the key leverage ratio for banks to 5 percent from 3 percent.
Three years after it was signed into law—and with only about 20 percent of its rules in place—critics and even supporters of Dodd-Frank say it's flawed and convoluted.
The FDIC is out with first quarter bank earnings, reports CNBC's Hampton Pearson. The level hits an all-time high, even as loan-loss provisions were down 23.8 percent from a year ago.
The Senate Banking Committee is set to hold a hearing on Thursday to examine whether regulators inappropriately "outsource" oversight to consultants that are paid billions of dollars by the banks. The NY Times reports.
Some smaller regional lenders are seeing increasing commercial loan demand. Here are previews for the five largest U.S. regional banks by TheStreet.com.
JPMorgan Chase may be losing its pull in Washington while at least eight federal agencies investigate the nation's strongest bank, The New York Times reports.
Rick Santelli criticizes Robert Rubin's statement on CNBC that no one could have seen "the possibility of a serious crisis" coming before the credit markets collapsed. (3:26)
Sheila Bair, former FDIC chair, discusses the sudden departure of Citigroup CEO, Vikram Pandit, and weighs in on the new CEO, Michael Corbat.
Banks once offered simple checking and savings accounts. Now they offer brokerage accounts and other financial products. How do you know what's FDIC-insured?
A fundamental clash of philosophies ran throughout the response to the financial crisis, Sheila Bair, former head of the Federal Deposit Insurance Corp., told CNBC’s "Power Lunch" on Tuesday.
Former FDIC Chairman Sheila Bair discusses her new book called, "Bull By the Horns," and shares her perspective on the financial crisis. "I think [Timothy Geithner] did what he thought was right, it's just that we had a profoundly different philosophical disagreement," she says.
Discover Bank is paying $214 million to settle charges that it pressured credit card customers to buy costly add-on services like payment protection and credit monitoring.
A range of regulatory failures caused the financial crisis in 2008, and the Dodd-Frank Act will not prevent a future financial crisis, two bank executives told CNBC's "Squawk Box" on Wednesday.
The Federal Deposit Insurance Corp released on Tuesday a fairly rosy quarterly banking profile for the second quarter of 2012, saying net income and lending were on the rise as the number of problem banks fell.
As banks hurdle toward a July 2 deadline requiring them to submit liquidation roadmaps (living wills) to regulators, analysts are raising serious questions about the utility of such preparation in a real crisis scenario.
CNBC's Kayla Tausche has the details on what banks plan to do in the event of another financial crisis.