Banking industry

Fed’s SVB review points to tougher bank regulation

Moody's says prudential requirements and supervision are likely to be stiffened

By James Langton |May 1, 2023

2 min read

First Republic Bank seized, sold to JPMorgan Chase

Customers pulled out more than US$100 billion in deposits after SVB and Signature Bank failed

By Ken Sweet, The Associated Press |May 1, 2023

4 min read

Fed faults Silicon Valley Bank execs, itself in bank failure

SVB “remained well-rated, even as conditions deteriorated,” central bank report says

April 28, 2023

3 min read

Industry moves this week

Changes include new role for former Richardson Wealth CEO Andrew Marsh and Fiduciary Trust Canada has a new CEO

By Maddie Johnson  and  Katie Keir |April 28, 2023

2 min read