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Why 2008 financial crisis regulations didn't prevent the recent bank failures

May 3, 2023
Three major bank failures in two months. What happened to all those regulations?
"SVB was among the large regional banks that really should have been engaging in stress testing and wasn’t," said Columbia Law professor Kathryn Judge.
Noah Berger/AFP via Getty Images

How will banking change amid wreckage of SVB, First Republic?

May 2, 2023
New regulation and industry consolidation will be key. Loans may be scarcer for new businesses and in low-income and rural communities.
Executives and regulators would like the fallout of the recent bank failures to be limited, but the impact is being felt.
Justin Sullivan/Getty Images

Are bank supervisors, or bank rules, too lax?

Mar 20, 2023
Do banking rules need tightening? Do supervisors need better training and greater powers? The answer will influence what comes next.
Politicians and lobbyists are debating whether Silicon Valley Bank collapsed due to a regulatory or supervisory failure. Above, Sen. Charles Grassley confers with Sen. John Cornyn during a Finance Committee hearing.
Chip Somodevilla/Getty Images

The banking crisis: What you actually need to know

Mar 17, 2023
Even if you don’t bank with Silicon Valley Bank or Signature Bank, the fallout from their collapses has probably grabbed your attention.
Given that the collapse of Silicon Valley Bank marked one of the largest bank failures since 2008, it can feel easy to draw comparisons to the start of the Great Recession.
Olivier Douliery/AFP via Getty Images

Big Tech is slowly, carefully creeping into banking

Mar 13, 2018
After disrupting retail, bookstores and media, tech companies are tiptoeing into the highly-regulated world of banking.

Ten years after the financial crisis, the feds say some banks need a break

Aug 23, 2017
The Federal Reserve, the Federal Deposit Insurance Corp. and the Comptroller of the Currency all announced yesterday that they would hold off on implementing a set of regulations on small to medium size banks, sometimes called community banks. The idea is to give these banks some breathing room while regulators come up with new, simpler […]

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Reports say Trump could replace banking industry's top cop

May 3, 2017
President Trump has seen every one of his cabinet secretaries confirmed but key financial regulators. Most are still holdovers from the Obama administration, though rumor has it that the comptroller of the currency could be replaced within days. Click the audio player above to hear the full story.

Community banks divided over Dodd-Frank

Mar 3, 2017
Some say it protects against abuses; others say compliance is too expensive for smaller institutions.
President Donald Trump signs House Joint Resolution 41, which removes some Dodd-Frank regulations on oil and gas companies.
SAUL LOEB/AFP/Getty Images

Can Wells Fargo shrug off the cross-selling scandal?

Oct 12, 2016
Wells Fargo brass seeks to move past recent trouble.