The Latest Breaking News from FDIC

“People always look at the financial deal. Forget the financial deal ... it's a lot of work,” Dimon told Bloomberg Thursday about buying beaten down banks.

There were concerns that small banks would wind up bearing some of these costs and this proposal heads those off.

For a week that was filled with news and earnings, the market failed to react in any major fashion. The S&P 500 ($SPX) (SPY) finished the week 0.80% lower. Watching the Goliath Apple (AAPL) report better-than-expected earnings helped to buoy the market along with a stronger-than-expected NFP report.

It's all about getting the highest rate while maintaining access to your funds.

PacWest and Western Alliance were among the smaller lenders that saw shares tumble even as the banks sought to reassure their customers and investors..

Bill Ackman, Nelson Peltz, and Jeffrey Gundlach all think the Fed is wrong about the banking system.

The hedge fund manager has called for stronger government intervention, including full depositor protection, since turmoil began in early March.

Ron DeSantis, Ted Cruz, and a host of other politicians have recently commented on the space.

The former top executives of two failed banks will testify before Congress this month