By Aaron Nicodemus2023-03-30T14:42:00
A bipartisan bill seeks to require the Federal Deposit Insurance Corporation (FDIC) to claw back five years’ worth of compensation from executives who lead failed banks.
The Failed Bank Executives Clawback Act, introduced Wednesday by Sens. Elizabeth Warren (D-Mass.), Josh Hawley (R-Mo.), Catherine Cortez Masto (D-Nev.), and Mike Braun (R-Ind.), also proposed to extend clawback authorities established by the Dodd-Frank Act to apply to any bank that enters into FDIC receivership—not just banks that are liquidated.
Should a bank fail, investors in the bank’s holding company should bear the losses, the bill said.
2023-04-28T21:04:00Z By Aaron Nicodemus
The Federal Reserve Board will likely recommend strengthening regulatory and supervisory procedures for mid-sized regional banks in the aftermath of the failure of Silicon Valley Bank.
2023-03-31T14:55:00Z By Kyle Brasseur
President Joe Biden called on federal banking agencies to consider reforms that would largely reverse changes to regulation made during the Trump administration regarding liquidity requirements, stress tests, and more.
2023-03-28T20:26:00Z By Aaron Nicodemus
Banking regulators defended their supervisory actions and pledged to find answers as to what went wrong when discussing the factors leading to the failures of Silicon Valley Bank and Signature Bank before the Senate Banking Committee.
2025-10-08T20:08:00Z By Ruth Prickett
Private companies that are keen to trade their shares but do not wish to become listed have gained another way to trade their shares. The U.K. government completed its initial review and published rules for the system in June.
2025-10-03T21:24:00Z By Adrianne Appel
While the Trump administration may have shifted away from pursuing small, white-collar, financial crimes, its focus on health care fraud cases is as hot as ever.
2025-10-01T21:10:00Z By Neil Hodge
The U.K’.s financial regulator has given a strong indication that financial firms’ use of unauthorized devices and apps is under scrutiny and that policies around off-channel communications need to be tightened up.
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