The Federal Deposit Insurance Corp. (FDIC) said Tuesday that they expect 2010 bank failures to outpace 2009 failures, where 140 failed. To date, 118 banks have failed in 2010.
The FDIC also revealed that the list …

The FDIC is seriously considering borrowing from banks to help top-up its deposit guarantee fund. From the NYT…
Senior regulators say they are seriously considering a plan to have the nation’s healthy banks lend billions of …

U.S. bank regulators might tap into a line of credit with the U.S. Treasury in order to help top-up the FDIC funds that guarantees bank deposits.
Federal Deposit Insurance Corp Chairman Sheila Bair said on Friday …

Commercial real estate foreclosures are expected to cause a new wave of bank failures, according some analysts. The FDIC closed 25 banks last year and 92, so far, this year.  The pace is picking up …

Three more oversight reports released last week criticized the supervision of failed banks.
The Federal Deposit Insurance Corp.’s inspector general evaluated the March failures of the $325 million-asset FirstBank Financial Services in McDonough, Ga., and the …