In 2018, Congress passed bipartisan legislation signed into law by President Donald Trump weakening regulations on mid-sized financial institutions like Silicon Valley Bank, whose collapse last week set off fears of another 2008-like financial crisis. The measure was supported by 33 House Democrats and 17 Democratic ...Read More

After the New York Department of Financial Services took possession of Signature Bank on Sunday, speculation mounted that regulators had seized the bank because of its crypto-friendly stance and Signet payment platform, a popular tool for the blockchain industry. The narrative was boosted by former Rep. Barney Frank, ...Read More

“Compliance” would seem like an unlikely buzzword at ETHDenver, one of Ethereum’s  largest conferences, set literally in the “Wild West.” But developers and founders have warmed up to the idea that crypto projects will need to comply with rules and regulations in order to ...Read More

Jamie Fiore Higgins didn’t leave her job at Goldman Sachs planning to reveal the most personal, demeaning and, at times, outright scary moments from her 18 years at the investment bank. But after resigning in 2016, having risen through the ranks to become a managing director ...Read More

A “Wolf of Wall Street” will spend the next decade in a federal pen. Former Goldman Sachs banker Roger Ng was sentenced to 10 years in prison on Thursday for his role in helping to loot billions of dollars from Malaysia’s 1MDB sovereign wealth fund. A jury in ...Read More

JPMorgan Chase sued former executive James Edward “Jes” Staley, who was largely responsible for JPMorgan’s 15-year financial relationship with disgraced financier Jeffrey Epstein. The US Virgin Islands government filed a lawsuit against JPMorgan in December, alleging the bank “had a more than close-up view ...Read More

On March 2 and 3, 2023, during speeches by Deputy Attorney General (DAG) Lisa Monaco and Assistant Attorney General (AAG) Kenneth A. Polite, Jr., at the ABA’s annual White Collar National Institute in Miami, the U.S. Department of Justice’s (DOJ) Criminal Division announced several policy updates consistent ...Read More