Former SVB CEO Gregory Becker, former Signature president Eric Howell and Signature’s former chairman and cofounder Scott Shay appeared before the Senate banking committee on Tuesday.
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Bank execs blame panicked depositors for Silicon Valley, Signature failures, but senators blame themTop executives at Silicon Valley Bank and Signature Bank largely avoided taking responsibility for their banks’ dramatic failures at a Senate hearing Tuesday, instead using their time to assign blame to events they said were largely out of their control.
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Senators grill SVB, Signature Bank CEOs for putting profits ahead of shareholders and depositors in collapseElizabeth Warren and other Senate Banking Committee members talk up a measure to study bank CEO pay clawbacks.
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Signature Bank failed to understand risks associated with crypto: FDIC chairFDIC chair Martin Gruenberg revealed that the failures of SVB and Signature Bank resulted in losses of $16.1 billion and $2.4 billion, respectively.
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Bill to Protect Tickets From Scalpers Awaits Governor's SignatureIf it's signed, the bill also enforces that ticket prices are shown including fees, so no one is surprised upon checkout.
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Conor McGregor Celebrates Son's Birthday In L.A., Shaves Off Signature BeardConor McGregor took a trip to Los Angeles this week for his youngest son's birthday ... and to celebrate the occasion, he shaved off his signature beard.
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Julia Louis-Dreyfus Comedy ‘You Hurt My Feelings’ Acquired by Signature Entertainment for U.K., Ireland (EXCLUSIVE)Signature Entertainment has snapped up U.K. and Ireland rights to Julia Louis-Dreyfus comedy “You Hurt My Feelings” from FilmNation Entertainment. Directed by Nicole Holofcener, the fil…
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