= Subscriber content; or subscribe now to access all American Banker content.

Liability Concerns Impede Director Recruitment at Banks

Board members and prospects are nervous about personable liability, given a rise in government lawsuits against former directors of failed banks. While banks typically carry insurance for directors, it is unclear how much protection those policies provide.

To continue, please or subscribe
FREE WEEK
STARTING AUGUST 31ST
  • Full access to banking's most comprehensive daily report
  • Daily, weekly, and topic-based newsletters and alerts
  • Award-winning analysis and insight, focused on bankers' key concerns
No credit card needed
PREMIUM
SUBSCRIPTION
All subscription content plus:
  • Bimonthly industry research reports (including archive)
  • Morning Scan Plus e‑newsletter
Have an account?
SIGN IN HERE
Remember me