JPMorgan Chase buys data platform for startups in push to serve venture capital investors
JPMorgan Chase is acquiring a data analytics provider for startup investors called Aumni, CNBC is first to report. The biggest…
Op-ed: ESG investing and 2018 change in bank laws didn’t cause Silicon Valley Bank to collapse, says former Sen. Heitkamp
Heidi Heitkamp is a former Democratic senator from North Dakota, and currently serves as director of the University of Chicago’s…
House committee calls Fed, FDIC officials to testify in its first hearing on bank failures
WASHINGTON — The House Financial Services Committee on Friday announced its first hearing on the failures of Silicon Valley Bank…
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…
Silicon Valley Bank ex-CEO backed Big Tech lobbying groups that targeted Dodd-Frank, sought corporate tax cuts
Before Silicon Valley Bank’s failure, its former CEO Greg Becker backed two tech industry lobbying groups that tried to influence…
Treasury Secretary Yellen says not all uninsured deposits will be protected in future bank failures
WASHINGTON — Treasury Secretary Janet Yellen sought to reassure markets and lawmakers on Thursday that the federal government is committed…
Wall Street — not taxpayers — will pay for the SVB and Signature deposit relief plans
WASHINGTON — Plans announced Sunday to fully reimburse deposits made in the collapsed Silicon Valley Bank and the shuttered Signature…
GOP presidential contenders cast blame for Silicon Valley Bank collapse
Former President Donald Trump and other 2024 Republican presidential hopefuls spoke out over the weekend on the failure of Silicon…
Warren unveils bill to repeal Trump-era bank deregulation she says led to SVB, Signature collapses
WASHINGTON — A group of Democratic senators introduced new legislation Tuesday to repeal Trump-era bank deregulations they say created the…
Top Senate Democrats press DOJ, SEC to investigate whether Silicon Valley Bank executives broke any laws
WASHINGTON — Top Democratic lawmakers pressed the Justice Department and the Securities and Exchange Commission to open a probe into…
