-
Executives From Failed Banks Face Senate Grilling Over CEO Pay, Bonuses and Risk Management
Executives from two large U.S. banks that failed dramatically in March appeared in front of the Senate Banking Committee on Tuesday to respond to questions about why their banks went under and what regulators could have done to avoid the calamities.
-
First Republic Bank Sold to JPMorgan After FDIC Take Over
First Republic Bank was taken over by the FDIC before being sold to JPMorgan.
-
Regulators Seize First Republic Bank and Sell it to JPMorgan Chase
First Republic Bank’s 84 branches in eight states will reopen Monday as branches of JPMorgan Chase Bank.
-
Ways to Boost Your Credit Score That Don't Involve Credit Cards
The easiest way to boost your credit score is to have a history of credit usage and on-time payments, whether that be from a credit card or an auto. Credit card payments aren’t the only way to increase that three-digit number though. Let’s look at some other options.
-
First Citizens Bank to Buy SVB
The shuttered Silicon Valley Bank is set to be purchased by First Citizens Bank & Trust.
-
San Diego Family's Insurance Claim Stuck in Banking Limbo for Months
Multiple mistakes froze an insurance payout, frustrating a family who needed the money to pay a contractor.
-
San Diego Family's Insurance Claim Stuck in Banking Limbo for Months
NBC 7 Responds helps one San Diego family regain access to their money.
-
Yellen: US Banking System Remains ‘Sound'
“I can reassure the members of our committee that our banking system remains sound,” Treasury Secretary Janet Yellen told legislators Thursday. “Americans can feel confident that their deposits will be there when they need them.”
-
Banking 101: What Happens to Your Money When You Put It in a Bank?
When you go to the bank and make a deposit, it seems like your money is simply getting stored– ready for you to use, but did you know that it doesn’t remain locked away in the bank? Here’s what happens to that money and how banks use it to make profit.
-
Treasure Secretary Yellen Tells Congress US Banking System ‘Remains Sound'
Treasury Secretary Janet Yellen Yellen testified before the Senate Finance Committee on Thursday, a week after the second-largest bank collapse in U.S. history.
-
How FDIC Insurance Protects Your Money
U.S. banks are trying to assure customers that their money is safe after news of two banks collapsing over the weekend. Consumer Reporter Susan Hogan has important information to know going forward.
-
Here's What Could Happen Next for Silicon Valley Bank Customers
Regulators are exploring ways to restore the uninsured deposits after the U.S. suffered its largest bank failure since 2008.
-
Treasury Secretary Janet Yellen Says U.S. Government Won't Bail Out Silicon Valley Bank
Treasury Secretary Janet Yellen says U.S. government will not bail out Silicon Valley Bank
-
Etsy Warns Sellers of Delay in Processing Payments Due to Silicon Valley Bank Collapse
One affected Etsy seller told NBC News the deposits delay would have a “catastrophic” effect on his business.
-
Here's How the Second-Biggest Bank Collapse in U.S. History Happened in Just 48 Hours
As dust begins to settle on the biggest American bank failure since 2008, members of the VC community lament the role other investors played in SVB’s demise.
-
Silicon Valley Bank Shut Down by Regulators
Silicon Valley Bank, a major lender to tech startups, has been shut down by regulators.
-
3 Steps You Can Take Today to Build Your Emergency Fund
A survey found 56% of Americans would not be able to cover an unexpected $1,000 expense with their savings, and rising costs are to blame. Here are three steps you can take today to build up your emergency fund.
-
Biden Announces Crackdown of Surprise Bank Overdraft Fees and Other ‘Junk' Charges
Biden also highlighted a number of other fees the administration plans to go after, which include resort fees, processing fees for concert tickets, and various fees charged by airlines.
-
How to Earn More Money From Your Savings Now That Banks Are Raising Interest Rates
The Federal Reserve has raised its key interest rate five times this year, most recently on Wednesday, as part of its ongoing effort to slow the pace of inflation.
-
This Man Robbed a Bank to Get His Own Money
Amid a financial crisis and the crashing of the national currency, people in Lebanon have limited ability to withdraw their own money from banks. Bassam al-Sheikh Hussein needed to withdraw money to pay his dad’s mounting medical bills — and wasn’t allowed. So he held up a bank in Beirut, starting a 7-hour standoff over his own savings. “If...