FDIC chairman says loopholes must be filled in Senate overhaul bill to end 'too-big-to-fail'A key senator has agreed with the head of the Federal Deposit Insurance Corp. to change new Senate legislation to ensure an end to the "too-big-to-fail" approach that brought the government rushing in to bail out ...

ORLANDO, Florida (Reuters) - The U.S. Senate Banking Committee will remove a provision from the financial reform bill that bank regulator Sheila Bair said could allow for "backdoor bailouts," a panel spokeswoman said on Friday. Sheila Bair, chairman of the Federal Deposit Insurance Corp, told a conference of community bankers ...

Federal Reserve Board should give consumers option to avoid costly overdraft fees One of the banking industryÕs dirty little secrets is the massive amount of money it makes each year in fees from customers who have overdrawn their accounts. The Center for Responsible Lending, a nonprofit consumer advocacy group in ...

WASHINGTON (Reuters) - U.S. bank regulators may extend a guarantee program set up at the peak of the financial crisis, fearing that ending the program could spark liquidity failures at small banks. Sheila Bair, chairman of the Federal Deposit Insurance Corp, said on Thursday that the agency is considering extending ...