The seven guilty verdicts that a Manhattan jury unanimously returned last week against Sam Bankman-Fried are just the beginning of his legal perils. The FTX founder, currently held in a Brooklyn administrative jail, has a series of decisions to make in the coming weeks and ...Read More

It has been a very eventful couple of weeks for cyberattack-related news. It all kind of started Wednesday of last week when Johnson Controls revealed it had been hit by a cyberattack. The company warned it “experienced disruptions in portions of its internal information technology infrastructure and applications.” ...Read More

Stark expressed surprise that the authorities did not include Bankman-Fried’s parents as defendants in their legal actions. Sam Bankman-Fried Parents Could Be Named ‘Relief Defendants’ John Reed Stark suggested Bankman-Fried parents as individuals who might have benefited from the alleged wrongdoings of their son. ...Read More

The SEC has detailed that for almost a decade, Goldman presented over 22,000 insufficient blue sheet submissions. Due to 43 varied mistakes, these submissions were devoid of or displayed incorrect transaction data for a minimum of 163 million deals. The SEC’s findings also highlighted ...Read More

Just how bad off are America’s banks, really? Bond rating agencies trash-talked banks all through August, helping drive a near-6% drop in the S&P 500 during the month. But Wall Street equity analysts who cover banks argue that their counterparts on the bond side ...Read More

U.S. lenders are holding onto large piles of cash as insurance against a slowing economy, continuing deposit outflows and looming tougher liquidity rules that could particularly impact mid-sized banks. The buildup is another example of a risk-averse approach from a sector still trying to ...Read More

U.S. regulators on Tuesday unveiled plans to force regional banks to issue debt and bolster their so-called living wills, steps meant to protect the public in the event of more failures. American banks with at least $100 billion in assets would be subject to the new ...Read More