Top US bank regulators will hold a virtual meeting on March 6 to solicit public feedback on how effective their regulations are for Wall Street firms, consumers and depositors.

Complaints about unfair and unexplained closures are rising. Banks say they never close accounts for political reasons.

Some of America's biggest banks are terminating physical branches as the new year kicks off. Between Thanksgiving 2024 and ...

US regulators have abruptly shut down a bank in Illinois in the first bank failure of 2025. The Federal Deposit Insurance ...

The following tables list the number of U.S. banks that have failed since 2009. There were five bank failures in 2023, a year ...

Santander Bank, which has cut by more than half its branch footprint in Connecticut over the last decade, told a federal regulator that it plans to shutter a branch in New Haven. The subsidiary of ...

Bank branch closures will continue to sweep Australia in 2025, with the Bank of Queensland starting the year by announcing 14 closures next month, seven of which are in Queensland. On Monday it ...

Because of the date, many federal offices and services will be closed. Banks will also be shut down on Monday, January 20, due to the holiday. Banks close on days that are deemed to be federal ...

All in all, it’s a highly favorable backdrop for banks, as witnessed by a rising balance in the FDIC insurance fund and a mere two bank failures in 2024, out of more than 4,500 institutions. The ...

Millennium Bank is buying the deposits and assets of the Bridgeport-based institution in what marks the first bank failure in Illinois since 2017.

Saturday bank holiday: Banks are usually open on the first, third, and fifth Saturdays (if any) of a month, while they are closed on all second and fourth Saturdays as well as on all Sundays ...

(Reuters) — The FDIC sued 17 former executives and directors of Silicon Valley Bank on Thursday, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary ...