05/17/2023
Executives at Silicon Valley Bank, Signature Bank and First Republic Bank were paid millions of dollars over their tenures up until their banks failed, the bulk of the compensation coming in the form company stock.
05/17/2023
Berkshire also picked up nearly 10 million shares of Capital One stock.
05/15/2023
The author of Grant’s Interest Rate Observer says that the suppression of interest rates over the past several years has introduced ‘all manner of distortions in the economy’
05/10/2023
“First Republic shared some similar and distinguishing characteristics with the other banks that were closed by regulators recently,”
05/09/2023
Bias against women
05/08/2023
In view of the Fed, American banking crisis is over. Yet, US and European banks face the most acute stress since 2008 and 2011, respectively.
05/05/2023
The results of these campaigns over the years have been mixed.
05/04/2023
The new SEC rules significantly increase oversight of the biggest hedge funds and private equity firms.
05/04/2023
TD Bank Is Unable to Obtain Timetable for Regulatory Approvals for Reasons Unrelated to First Horizon
05/03/2023
This exercise allowed both agencies to test and strengthen existing protocols for information exchange and incident response coordination for cyber incidents involving banks operating in both jurisdictions.
05/02/2023
SVB's failure on March 10 after taking on too much interest-rate risk caused shock waves throughout the banking sector
04/28/2023
The FSOC’s issuance of these two proposals signals a renewed effort by Treasury Secretary Janet Yellen, who chairs the FSOC, to reinvigorate the FSOC’s designation process for nonbank financial companies. Currently, there are no companies subj
04/26/2023
The British antitrust watchdog blocked the takeover attempt, in a decision that will be closely watched in Washington and Brussels.
04/24/2023
Malta will be airlifting 180 million banknotes to Argentina in the coming weeks, as the South American country finds itself unable to meet banknote demand ahead of the general election in October
04/24/2023
In a complaint filed last week, JPMorgan accused the advisor of criticizing its investment offerings and the advisor who replaced him, to induce clients to make the jump to Morgan Stanley.
04/19/2023
The services of this exchange are available globally via Bittrex Global but in the US this exchange provides services via Bittrex, an independent subsidiary of Bittrex Global.
04/05/2023
For its part, JPMorgan claims that it found out about the alleged fraud when it sent out marketing test emails to a list of Frank’s customers provided by the company and more than 70% of them bounced back.
04/03/2023
The coming weeks and months will tell us more about how far regulatory practices have come since that period.
03/29/2023
Under the terms of the proposed merger, which is expected to close in Q3 2023, the shareholders of Murano and HCM will exchange their current shares for shares in a new combined company to be listed on the Nasdaq stock market under a new ticker symbol.
03/29/2023
The likelihood of owning such an account increases sharply with income, the researchers found, and the value of those accounts soars at the very top of the income distribution.