Credit Suisse, the collapsed Swiss bank taken over by UBS Group in a hastily arranged bailout earlier this month, may bring with it a fresh set of regulatory and legal problems for its new owner. For years, the bank has provided a safe haven for wealthy ...Read More

When bank supervisors do their best work, you will not hear about it. You will never read about how a heroic bureaucrat identified a risk to an institution’s health, flagged it to management and, as a result, the bank didn’t fail. By design, most bank supervision work ...Read More

Before Silicon Valley Bank went down, it was the 16th-biggest US bank and had more than $200 billion in assets. Yet it didn’t have the same level of regulatory scrutiny as JPMorgan Chase (JPM), Bank of America (BAC), Citigroup (C), or Wells Fargo (WFC). Why? ...Read More

Business Insider reported that California Governor, Gavin Newsom, failed to disclose his ties with Silicon Valley Bank while lobbying for a bailout. Moreover, the report states that Newsom maintained “substantial personal ties,” to the now-closed financial institution. Specifically, Newsom is connected to the bank through “personal ...Read More

A group of shareholders have reportedly filed a lawsuit against Silicon Valley Bank’s parent company and some of its executives amid the unfolding crisis. Multiple news outlets reported on March 13 that many Silicon Valley Bank shareholders alleged fraud from the bank, CEO Greg Becker and ...Read More

As Binance walks away from bailing out rival crypto exchange FTX, the rapidly unfolding saga is putting crypto on U.S. regulators’ radars yet again. “It does not matter that these are global exchanges. It feeds the narrative that crypto companies are taking excessive risks ...Read More