President Biden said Monday that the Federal Deposit Insurance Corporation’s acceptance of a bid from JPMorgan Chase Bank to assume all deposits of First Republic Bank will ensure that the U.S.

Federal Reserve Chairman Jerome Powell said Wednesday that the U.S. banking system remains "sound and resilient" following the second- and third-largest bank failures in the nation's history. Silicon ...

WASHINGTON — The Office of the Comptroller of the Currency said the banking system remains stable, but faces growing pressures in profitability and credit quality as the economic landscape evolves, ...

Fed removes 'The U.S. Banking System is sound and resilient' from policy statement, raising concerns about the stability of banks. Fed hints that a rate cut in March is unlikely, surprising the market ...

Federal Reserve Chairman Jerome Powell said Wednesday that the financial system is “sound and resilient” following the biggest bank collapse since 2008. “There were three large banks from the very ...