Monday, March 20, 2023
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U.S. lawmakers to examine merits of higher FDIC bank deposit insurance cap

Four prominent U.S. lawmakers on banking matters said on Sunday they would consider whether a higher federal insurance limit on bank deposits was...

Trump says he will be arrested Tuesday, calls on supporters to protest

Former U.S. President Donald Trump delivers remarks on education as he holds a campaign rally with supporters, in Davenport, Iowa, U.S. March 13,...

Biden calls on Congress to tighten laws to claw back executive pay, levy penalties in bank failures

President Joe Biden called on Congress to give regulators more authority to claw back pay and penalize executives at distressed banks "whose mismanagement...

Amazon’s Twitch CEO steps down nearly 10 years after acquisition

Visitors stream online computer games on the Twitch Interactive stand at Gamescom video games trade fair in Cologne, Germany.Krisztian Bocsi | Bloomberg |...

3M’s legal battle over combat-grade earplugs

Nathan Frei, a former active-duty infantry officer, who served from 2011 to 2015 and Judge Advocate General in the U.S. Army, first noticed...

Ken Griffin’s hedge fund Citadel takes a 5% stake in Western Alliance Bancorp

Billionaire investor Ken Griffin's hedge fund Citadel has taken a 5.3% stake in Western Alliance Bancorp amid turbulence in the banking sector after...

the Fed needs to slow down or ‘stuff is going to break’

As the fallout from Silicon Valley Bank's failure continues to unfold, the Federal Reserve needs to slow down before "a lot more stuff"...

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