Banking and Financial Institutions – Page 123

Wells Fargo to Pay $1 Billion to Settle Lawsuit by Shareholders

A group of plaintiffs had claimed that the bank misled investors about its progress in cleaning up after a sham accounts scandal a decade ago.

By John Yoon

Banking and Financial Institutions Becker, Gregory W Boards of Directors Conflicts of Interest Federal Reserve Bank of San Francisco Federal Reserve System Regulation and Deregulation of Industry San Francisco (Calif) Silicon Valley Bank

San Francisco Fed Ties to S.V.B. Chief Attracts Scrutiny to Century-Old Setup

As Greg Becker, the former C.E.O. of Silicon Valley Bank, prepares to testify before Congress, boards that oversee regional Federal Reserve branches are in the spotlight.

By Jeanna Smialek

Banking and Financial Institutions Cook, Lisa D Federal Reserve System Hispanic-Americans Jefferson, Philip N United States Politics and Government

Biden Taps Philip Jefferson and Adriana Kugler for Top Fed Jobs

President Biden announced his plan to nominate Adriana Kugler, an official at the World Bank, for a Fed governor job, while elevating Philip Jefferson to the role of vice chair.

By Jeanna Smialek

Banking and Financial Institutions PacWest Bancorp Stocks and Bonds

PacWest Bank, Shedding Billions in Deposits, Enters Renewed Market Spiral

The Los Angeles-based lender said that its falling stock price ignited customers’ “fears of the safety of their deposits.”

By Rob Copeland

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