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High Turnover and Low Pay Leave F.D.I.C. Stretched Amid Bank Turmoil
Posted inBanking and Financial Institutions Careers and Professions Federal Deposit Insurance Corp Hiring and Promotion Labor and Jobs New York City Regulation and Deregulation of Industry Telecommuting United States Economy Wages and Salaries

High Turnover and Low Pay Leave F.D.I.C. Stretched Amid Bank Turmoil

The bank regulator has seen staff lured away by the private sector, leaving the financial system more vulnerable to a crisis.
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Posted by By Alan Rappeport
Bank Turmoil Is Paving the Way for Even Bigger ‘Shadow Banks’
Posted inBanking and Financial Institutions Blackstone Group, The Private Equity Regulation and Deregulation of Industry saturdaynewsletter

Bank Turmoil Is Paving the Way for Even Bigger ‘Shadow Banks’

The market for loans from non-bank firms like Apollo and Blackstone is booming. A crisis in regional lenders could accelerate it.
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Posted by By Lauren Hirsch
Judge Dismisses F.T.C. Lawsuit Against Kochava, a Location Data Broker
Posted inData-Mining and Database Marketing Federal Trade Commission health privacy Kochava Inc location privacy Privacy Regulation and Deregulation of Industry Suits and Litigation (Civil)

Judge Dismisses F.T.C. Lawsuit Against Kochava, a Location Data Broker

The ruling was a blow to the commission’s intensifying efforts to crack down on the sale and use of sensitive personal information.
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Posted by By Natasha Singer
Goldman Says U.S. Is Investigating Its Work for Silicon Valley Bank
Posted inBanking and Financial Institutions First Republic Bank Goldman Sachs Group Inc Mergers, Acquisitions and Divestitures Regulation and Deregulation of Industry Silicon Valley Bank Stocks and Bonds

Goldman Says U.S. Is Investigating Its Work for Silicon Valley Bank

Hired to help with a capital raise, Goldman Sachs advised SVB to make a move that provoked a public panic and ended with the smaller bank collapsing.
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Posted by By Emily Flitter

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