FDIC Inspector General finds gaps in resolution readiness
A report by the Federal Deposit Insurance Corp.’s Office of Inspector General revealed deficiencies in the FDIC’s preparedness for large bank failures.
Banking’s big moves in 2024: Fed cuts, mergers and Trump
This year saw the impact of Donald Trump's return to the White House, the first rate cut from the Federal Reserve in roughly four years and more.
Bankwell approves increased ownership stake for activist investor
The New Canaan, Connecticut-based company agreed to allow Larry Seidman, who sits on its board, buy an additional 5% of its shares. Seidman currently owns about 9.5% of Bankwell.
Outlook 2025: What will the FOMC do?
Analysts are unsure what the Federal Open Market Committee will do with monetary policy in 2025. The panel projects two rate cuts, but some analysts expect more, and others see fewer.