Page 8 - Greg Becker News Today

Four years after selling his namesake bank — a major player in Boston’s biotech scene — to SVB, Jeff Leerink has pulled it out of the rubble of the tech lender’s crash.

Policymakers still must address ways to wall off crypto risks from the regulated financial system

A Cayman Islands court approved a petition filed on June 13 to wind up the local branch of the bank, according to the Wall Street Journal, which argued it was unable to pay the debt.

One of the largest bank collapses in American history could be explored in a musical.

Mauricio Costa was inspired by stories about Silicon Valley Bank's demise and is giving them a gospel and hip-hop treatment in a new musical.

Passing the Recoup Act would signal bank leaders that recklessness will have consequences.

Bipartisan proposal would fine executives up to $3 million and claw back two years' worth of their compensation.

A bipartisan Senate duo is poised to advance legislation allowing federal regulators to seize the pay of top executives at failed banks.

Banks are highly regulated, compelled to ongoing reporting and subject to strict regulation and legislative tomes like Dodd-Frank. There are a battery of regulatory bodies overseeing them, from the Office of the Comptroller of the Currency to the Federal Reserve Bank, the Department of the Treasury, the Consumer Financial Protection Bureau, the Federal Financial Institutions Examination Council, and others.

White House sought measure after three lenders collapsed this year