Items tagged with fdic
The U.S. government stepped in on Sunday to assure depositors would have access to their money following the collapse of two banks, Silicon Valley Bank and Signature Bank. Treasury Secretary Janet Yellen stated that the federal government, however, would not be protecting the shareholders and that senior management of...
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The FBI is currently investigating a series of cyberattacks on the Federal Deposit Insurance Corporation (FDIC), that they believe the Chinese military to be responsible for. The attacks on high-level employees' computers started in 2010 and resurfaced again in 2011 and 2013. Victims included former FDIC Chairwoman...
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