Christy Goldsmith Romero has been nominated to be the next chair of the bank regulator that has been shaken by a “toxic” workplace culture.
Category: Gruenberg, Martin J
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Biden Nears Pick for Next FDIC Chair
The front-runner for the bank regulatory job is Christy Goldsmith Romero, a member of the Commodity Futures Trading Commission.
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Christy Goldsmith Romero Is Front-Runner to Lead F.D.I.C.
The front-runner for the bank regulatory job is Christy Goldsmith Romero, a member of the Commodity Futures Trading Commission.
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Bank Regulator Overseeing ‘Toxic’ Culture Loses Key Supporter in Senate
Senator Sherrod Brown, who chairs the Senate Banking Committee, called for President Biden to replace Martin Gruenberg as leader of the F.D.I.C.
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Democrats Batter Bank Regulator Over F.D.I.C.’s ‘Toxic’ Workplace Culture
The agency’s chair, Martin Gruenberg, has resisted Republicans’ calls to resign, but criticism by his own party raises questions about how long he can hang on.
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Under Fire for ‘Toxic’ Work Culture, Bank Regulator Apologizes Again
A scathing report revealed a culture of widespread sexual harassment and discrimination at the Federal Deposit Insurance Corporation. Martin Gruenberg will testify on Capitol Hill starting on Wednesday.
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Inquiry Finds a Toxic Culture at the F.D.I.C., and Takes Aim at Its Leader
Bad workplace behavior was pervasive at the bank regulator, according to an investigation that questioned whether things can improve without a change in leadership.
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SVB Hearing Takeaways: Bank Failures Spur a Blame Game, But Few Solutions
The New York Times – Business:Senators sharply questioned federal regulators about shortcomings in oversight after two bank failures rattled the financial system. Regulators put the blame on the banks’ management.
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Banking Regulators Prepare for Tough Questions from Lawmakers
The New York Times – Business:Three top officials will testify in Congress about the turmoil caused by the collapse of Silicon Valley Bank, and their role in it.
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Silicon Valley Bank’s Risks Went Deep. Congress Wants to Know Why.
The New York Times – Business:Lapses at the bank will be a focus as a top Federal Reserve official testifies to House and Senate committees this week.
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Markets Climb as Silicon Valley Bank Finally Finds a Buyer
The New York Times – Business:First Citizens agreed on Sunday to acquire the failed lender’s retail operations, a move that will cost taxpayers but is reassuring investors.