When you deposit money at a bank, you expect the bank to give it back to you. There are two things you might worry about, two sets of risks that might prevent the bank from giving you back your money.

U.S. financial disasters often emerge from overheated markets that become far too enamored with shiny new financial instruments. A June 6 report by the trustee in the bankruptcy of the financial ...

NEW YORK (AP) — The bank accounts of tens of thousands of U.S. businesses and consumers have been frozen in the aftermath of the abrupt shutdown and bankruptcy of financial technology company Synapse, ...

"It is especially important in light of the growth of nonbank crypto firms and fintechs and their relationships with banks," acting Comptroller Michael Hsu, who sits on board of the Federal Deposit ...

The bankruptcy of banking-as-a-service (BaaS) fintech Synapse shows just how treacherous things are for the often-interdependent fintech world when one key player hits trouble. Synapse’s problems have ...