Banks
Senior citizen serial bank robber strikes again in Columbia, MissouriA 71-year-old serial bank robber whose career stretches over 55 years struck again in a Columbia, Missouri bank robbery on Valentine’s Day. Read More
Banks
Oversight lawmakers continue to dig into SVP bank failure(The Center Square) – The House Oversight lawmakers tasked with finding out why Silicon Valley Bank failed earlier this year and threatened the health of the entire economy are pushing… Read More
Banks, Crime
Chiefs tickets, new SUV: Former KC bank manager indicted in multimillion-dollar COVID, unemployment benefits fraudFrom the U.S. Attorney for the Western District of Missouri: JEFFERSON CITY, Mo. – A former bank branch manager in Kansas City, Mo., has been indicted by a… Read More
Banks
Group calls out banks for policies focused on politics, not business(The Center Square) – A nonprofit group is calling out big banks and investment firms for ESG, or environmental, social and governance policies, that it says run counter to their… Read More
Banks
Is JP Morgan’s purchase of failed bank from FDIC a government bailout?(The Center Square) – The FDIC took over the embattled San Francisco bank First Republic and auctioned it off, with JP Morgan taking over as regulators hope to fend off… Read More
Banks, Uncategorized
Regulators knew SVB was in trouble since 2021, did not step in(The Center Square) – A closer look at the months leading up to the collapse of Silicon Valley Bank, the second-largest bank collapse in history, shows that regulators saw the… Read More
Banks
Janet Yellen says more bank bailouts could be coming(The Center Square) – U.S. Treasury Secretary Janet Yellen said Tuesday that more bank bailouts could be coming. Yellen made the comments as part of her prepared remarks at the… Read More
Banks, Congress
Federal legislation hits bankers with 100% tax on profits from dumping pre-failure stocks(The Center Square) — Arizona Independent Sen. Kyrsten Sinema is co-sponsoring a bill to crack down on bank executives who may try to financially benefit amid a collapse. … Read More