Update: JPMorgan Buys First Republic Bank’s Assets After Government Auction May 1, 2023 By Scott Murdoch, Niket Nishant and Chris Prentice Regulators seized First Republic Bank and sold its assets to JPMorgan Chase & Co. on Monday, in a deal to...
Fed Plans Broad Revamp of Bank Oversight After SVB Failure April 28, 2023 By Ann Saphir, Hannah Lang and Chris Prentice The Federal Reserve issued a detailed and scathing assessment on Friday of its failure to identify problems and push for...
SEC Sees Decentralized Crypto Platforms as Exchanges, Seeks Public Input April 18, 2023 By Chris Prentice and Hannah Lang The U.S. Securities and Exchange Commission met on Friday to open public comment again on its proposal to expand the...
Massachusetts to Investigate First Republic Executives’ Stock Sales: Reuters March 31, 2023 By Chris Prentice Massachusetts regulators have opened an investigation into sales of company stock by top executives at First Republic Bank in the...
Coinbase, SEC on Collision Course for ‘Existential’ Clash Over Crypto Industry March 24, 2023 By Chris Prentice and Hannah Lang Coinbase debuted on the U.S. stock market on April 14, 2021 – the same day U.S. senators confirmed Gary Gensler...
Justice Dept Wants Execs to Foot Bill for Corporate Misconduct March 6, 2023 By Chris Prentice and Karen Freifeld The U.S. Justice Department is rolling out a new policy aimed at pushing the cost of corporate crime into the...
SEC Charges McDonald’s Ex-CEO for Misrepresentations to Investors January 10, 2023 By Chris Prentice The U.S. Securities and Exchange Commission on Monday charged former McDonald’s Corp Chief Executive Stephen Easterbrook with making false and...
Wells Fargo to Pay $3.7B for Illegal Conduct That Harmed Customers December 21, 2022 By Chris Prentice and Hannah Lang The U.S. Consumer Financial Protection Bureau hit Wells Fargo & Co. with the watchdog’s largest ever civil penalty on Tuesday...
Toymaker Mattel Agrees to Pay $3.5M to Settle SEC Charges October 24, 2022 By Chris Prentice California-based Toymaker Mattel Inc has agreed to pay $3.5 million to settle U.S. Securities and Exchange Commission (SEC) charges over...
SEC Sues Brazilian Miner Vale Over ‘False and Misleading’ Claims About Safety of Dams April 29, 2022 By Chris Prentice The U.S. Securities and Exchange Commission (SEC) on Thursday sued Brazilian miner Vale for allegedly making false and misleading disclosures...