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MSNBC Velshi June 4, 2024 15:29:00

He said quote strengthenin accountability is an important deterrent to prevent mismanagement in the future. it should be easier fo regulators to claw bac compensation from executives t impose civil title tees and to ban executives from working in the banking industry again this call to action comes just after a week after the sudde collapse of silicon valley bank, the second largest bank failur in american history. the impact of svb s failures has been felt across the industry since the, signature bank is also collabs making it the third largest bank failure i the u.s. first republic bank had to get a cache a fusion about 3 billion dollars from 11 of its rivals to prevent its ow collapse across the atlantic, the swiss man credit suisse had to borro upwards of 50 billion dollar from the swiss national bank i an effort to reassure investor that it has enough money t stay afloat. joining me now is lori bencher president of bancalliance, a network of community banks she s also the former ....

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