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U.S. Bank Regulators Investigating Leaders of the Failed Tech Banks
By Jesse Hamilton at 2025-03-05 22:16
Sentiment: Negative
The Federal Deposit Insurance Corp. is investigating the actions of the leaders of Signature Bank and Silicon Valley Bank to hold them accountable for their collapses, said Chairman Martin Gruenberg, who detailed their mismanagement and dangerous business concentrations – especially in digital assets at Signature – in testimony prepared for a U.S. Senate hearing. Continue reading...
Categories: Policy
Tags: #Regulations #FDIC #Federal Reserve #Silvergate Bank #Silicon valley bank #Signature Bank #Senate Banking Committee #hearing
Source CoinDesk