Sherrod Brown blasts former SVB chief over bonuses, stock sales
Sen. Sherrod Brown (D-Ohio), chairman of the Senate Banking Committee, excoriated former Silicon Valley Bank CEO Greg Becker for dishing out bonuses and…
Source: biztoc.com
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Executives From Failed Banks Face Senate Grilling Over CEO Pay and Bonuses – NBC 7 San Diego
Executives from two large U.S. banks that failed dramatically in March appeared in front of the Senate Banking Committee on Tuesday.
Source: nbcsandiego.com
Ex-CEO at Silicon Valley Bank (now owned by First Citizens): 'I am truly sorry'
The former chief executive of Silicon Valley Bank plans to apologize before a Senate committee Tuesday, writing in prepared testimony that he believes no bank could have survived the run that gutted SVB in early March. Here's what he plans to say.
Source: wraltechwire.com
Chanos Scoffs at SVB CEO Remark That Fed Policy Shift Toppled the Bank
Famed short seller Jim Chanos scoffed at remarks made by Silicon Valley Bank's ex-CEO that a sharp policy shift by the Fed had brought the bank down.
Source: businessinsider.com
US bank regulators vow tougher rules, oversight after bank failures
WASHINGTON, May 16 (Reuters) - The Federal Reserve will unveil its plan to ratchet up capital rules for banks this summer and will ensure supervisors more aggressively police lenders following several recent ba... | 12:13pm
Source: marketscreener.com