Category: Regulation and Deregulation of Industry

Maxine Waters Says Congress Should Raise Cap on F.D.I.C. Backed Deposits

The New York Times – Business:
Lawmakers should also revisit the 2018 rollback of regulations on midsize banks, Ms. Waters said in an interview.
U.S. Is Said to Open Investigation Into Silicon Valley Bank Collapse

The New York Times – Business:
Legal experts said a possible focus of the investigation could be insider sales by several bank executives in the weeks before the bank’s failure.
Shares in First Republic and Others Rise After Federal Bank Rescue

The New York Times – Business:
First Republic, Western Alliance and PacWest Bancorp shares were set to rise on Tuesday after one of the industry’s worst stock routs in years.
To Rein in China’s Banks, Xi Uses Familiar Playbook

The New York Times – Business:
Xi Jinping is revamping China’s regulatory framework so the ruling Communist Party can assert more direct control over financial policy.
Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis

The New York Times – Business:
The colossal bailouts after the 2008 collapse arguably saved the global economy, but they also provoked a ferocious popular backlash.
After Bank Debacle, Silicon Valley Reckons With Its Image

The New York Times – Business:
Even as start-ups and investors began recovering their money from Silicon Valley Bank, the episode exposed the tech industry’s vulnerabilities.
Was This a Bailout? Skeptics Descend on Silicon Valley Bank Response.

The New York Times – Business:
The government took drastic action to shore up the banking system and make depositors of two failed banks whole. It quickly drew blowback.
Signature and Silicon Valley Bank Collapses Followed Softened Regulation

The New York Times – Business:
Officials with Signature and Silicon Valley banks, which regulators seized in recent days, called for looser financial requirements for midsize banks.
Regional Banks Slammed by Fear of a Broader Financial Crisis

The New York Times – Business:
Across the country, banks of various sizes are battling market turmoil as customers rushed to withdraw their deposits and investors, worried about more bank runs, dumped bank stocks.
SVB Collapse Upsets Expectations for Federal Reserve’s Rate Decision

The New York Times – Business:
The Federal Reserve has been rapidly raising interest rates to fight inflation. But making big moves could be tricker amid instability.
First Republic and Others Under Pressure After SVB’s Collapse

The New York Times – Business:
Shares in regional lenders were under pressure, even after regulators unveiled a vast backstop for U.S. banks after Silicon Valley Bank’s collapse
Signature Bank’s Collapse Fueled by Crypto Bets and Run on Deposits

The New York Times – Business:
Regulators said keeping open the 24-year-old institution, which held deposits from law firms and real estate companies, could threaten the financial system’s stability.