The FDIC’s 4,462 insured banks saw a 1.16% return on assets and a net income of $70.6 billion in the first quarter.

The FDIC’s 4,462 insured banks saw a 1.16% return on assets and net income of $70.6 billion in the first quarter.

The Swiss lender’s O’Connor unit, with $11 billion in assets under management, will return to the purview of Bill Ferri, a ...