Federal Reserve System – Page 114

SVB’s Ex-C.E.O. Becker Deflects Blame for Collapse

Senators derided Gregory Becker at a hearing about the failure of his bank. “It sounds a lot like ‘my dog ate my homework’,” one said.

By Rob Copeland

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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

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The $69 Billion Microsoft-Activision Deal Faces a Big E.U. Test

The bloc’s antitrust regulators could side with Microsoft on Monday, but the tech giant still faces an uphill battle to gaining full approval.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

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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