Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Banks saw slight reduction in profits for 2019, but still recorded second highest of all time
Banks made 1.5% less money in 2019 than the previous year, but still cleared more than $233 billion in profits – the second-highest ever, the federal insurer of bank deposits said Tuesday. In releasing fourth-quarter (and […]