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Banks are still grappling with fallout of SVB's failure one year on

Mar 11, 2024
Regulators are more watchful, and banks are trying to be more resourceful.
The banking system was caught off guard by the problems at Silicon Valley Bank,  Signature Bank and First Republic Bank.
Justin Sullivan/Getty Images

Bank regulators face a grilling on Capitol Hill while calming markets and the public

Mar 27, 2023
Besides testifying in hearings, regulators need to get a few messages across, including that the system worked, a PR executive says.
"As far as the overall banking system is concerned, I do think that SVB was an outlier," said Anusha Chari, a professor at UNC Chapel Hill.
Justin Sullivan/Getty Images

Who are bank examiners, and what do they do?

Mar 24, 2023
Examiners are the government employees who monitor a bank’s safety and soundness. What happened in the case of Silicon Valley Bank?
Patrick T. Fallon/AFP via Getty Images

What does a bank's credit rating really tell us?

Mar 21, 2023
Credit rating agency Moody's had given Silicon Valley Bank a high rating — right up until it failed.
A sign for Moody's rating agencyat the company headquarters. Credit rating firms gave high marks to SBV and Signature Bank before collapsing.
Emmanuel Dunand/AFP via Getty Images

Federal bank regulators are getting most of the attention, but states oversee banks too

Mar 14, 2023
The feds didn’t take possession of Silicon Valley Bank and Signature Bank. That was up to state regulators in California and New York.
Signature Bank and Silicon Valley Bank were state chartered, which is why state regulators stepped in first.
Spencer Platt/Getty Images

Here's a powerful position at the Fed you likely don't know about

Sep 21, 2021
What is the vice chair for supervision? Only the top banking cop at the Fed ... but the job description can still be vague.
The Federal Reserve building in Washington, DC.
DANIEL SLIM/AFP via Getty Images

Biden team faces pressure over who leads key banking regulator

Feb 1, 2021
The Office of the Comptroller of the Currency oversees most U.S. banking assets and can influence economic inequality.
Whoever the president taps to run the OCC will play an important role in addressing economic inequality, including the racial wealth gap.
Chip Somodevilla/Getty Images

For public good, not for profit.

Small and midsize banks could get a big boost under new banking bill

May 23, 2018
Only the biggest financial institutions will be required to hold extra cash reserves to counterbalance risk.

"The China Hustle" tells the story of a massive fraud you probably haven't heard about

Apr 2, 2018
In this documentary, director Jed Rothstein follows several acitivist investors who blew the whistle on dozens of fraudulent Chinese companies.
A scene from the film "The China Hustle." Activist short sellers investigated several Chinese companies that misled investors on the value of their company and used video surveillance on production facilities to see how busy they were.
Courtesy of Magnolia Pictures