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deposit insurance

Big name investors like Bill Ackman are calling on the FDIC to insure all deposits, but that would only cost banks' customers more, former FDIC chair says

Thu, 05/04/2023 - 14:03
Tech Insider
bill ackman
Bill Ackman, CEO of Pershing Square Capital, speaks at the Wall Street Journal Digital Conference in Laguna Beach, California, U.S., October 17, 2017.

Reuters

Markets, MI Exclusive, Banking Crisis, first republic bank, Western Alliance Bancorp, PacWest Bank, FDIC insurance

Jamie Dimon says the banking chaos won't spark a 2008-style financial crisis - and Warren Buffett's $1 million offer should reassure depositors that their money is safe

Mon, 04/17/2023 - 06:37
Tech Insider
jamie dimon
JPMorgan Chase CEO Jamie Dimon.

Kimberly White/Getty Images

Markets, MI Exclusive, Stocks, Jamie Dimon, JPMorgan, Warren Buffett, Berkshire Hathaway

Giannis Antetokounmpo stashed his cash in several banks to avoid falling foul of the FDIC's $250,000 limit. Here are the NBA star's 7 best quotes about money and investing.

Sun, 04/09/2023 - 06:30
Tech Insider
giannis antetokounmpo.JPG
Giannis Antetokounmpo.

Gary A. Vasquez/USA TODAY Sports/Reuters

Markets, MI Exclusive, Stocks, Giannis Antetokounmpo, Milwaukee Bucks, Marc Lasry, nba

Warren Buffett has weighed in on bank runs, bailouts and the dangers of insuring deposits. Here are 9 quotes that shed light on today's banking crisis.

Sun, 03/19/2023 - 07:30
Tech Insider
warren buffett
Warren Buffett.

Bill Pugliano / Getty

Markets, MI Exclusive, Stocks, Warren Buffett, Berkshire Hathaway, Banks, Banking Crisis
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