Mar 16 Federal Reserve lent $300 billion in emergency funds to banks in the past week By Christopher Rugaber, Associated Press Nearly half the money — $143 billion — went to holding companies for the two major banks that failed over the past week, Silicon Valley Bank and Signature Bank, triggering widespread alarm in financial markets. Continue reading
Mar 14 Watch 6:14 High inflation complicates Federal Reserve’s response to bank failures By Geoff Bennett, Diane Lincoln Estes, Karina Cuevas Days after the collapse of Silicon Valley Bank and Signature Bank, there are plenty of questions being asked about the health of banks in the U.S. Sheila Bair served as the chair of the FDIC from 2006 to 2011 and… Continue watching
Mar 13 Watch 11:30 Government takes steps to shore up confidence after collapse of two banks sparks fears By Paul Solman, Diane Lincoln Estes, Geoff Bennett, Saher Khan, Shoshana Dubnow Regional banks took a beating and suffered their deepest losses in years on the stock market Monday. It came after the government's top financial authorities spent the weekend taking action to shore up confidence around the system after the failure… Continue watching
Mar 12 Federal government moves urgently to avert potential banking crisis By Ken Sweet, Christopher Rugaber, Chris Megerian, Cathy Bussewitz, Associated Press The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after the historic failure of Silicon Valley Bank, assuring depositors at the failed financial institution that they would be able to access all of their money quickly. Continue reading
Mar 11 Silicon Valley Bank’s failure shakes companies worldwide, from wine country to London By Stan Choe, Bobby Caina Calvan, Associated Press It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world. Continue reading
Jun 22 Column: The bank fees you don’t even know about By Lisa Servon The average charge per overdraft went from $21.57 in 1998 to $31.26 in 2012. Similarly, average ATM fees more than doubled between 2001 and 2014. But there are more fees -- fees you may not even be aware of. Continue reading
Jul 24 Why regulators should go to work on Wall Street By Simone Pathe The revolving door is a popular scapegoat for regulatory inefficiency, but new research from the National Bureau of Economic Research suggests it shouldn't be blamed. Furthermore, locking the doors between the private and public sectors could actually make regulatory agencies… Continue reading
Nov 14 Watch Why a Lesson in Money Plus Math Equals Financial Stability Former FDIC chairwoman Sheila Bair has a message: don't buy an inflatable moose head. Continue watching
Apr 22 Watch Obama Asks Wall Street for Reform Support as Senate Battle Looms President Obama admonished Wall Street for fighting financial reforms as the Senate prepares to consider new regulations for the country's financial system. Judy Woodruff reports on reactions in the financial community. Continue watching
Feb 18 Watch Should Obama Pull the TARP from Under Banks? As part of his continuing series of reports examining bank reform and the future of Wall Street, Paul Solman sits down with bank consultant and former FDIC chair William Isaac for a critical look at the Troubled Asset Relief Program. Continue watching