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Ever since Silicon Valley and Signature banks collapsed in March, a scramble began among regulators, politicians, bank executives and others to manage the fallout from this spring's banking crisis. Here are 10 predictions of what still lies ahead to be dealt with.
May 29 -
Stakeholders have been focused on what went wrong in the months before Silicon Valley Bank was taken over by regulators. However, essential risk management was missed more than a year ago.
May 29Darling Consulting Group -
To strengthen the industry, large regional banks should be subjected to heightened supervision and the Federal Deposit Insurance Corp. should change how it assesses deposit insurance premiums.
May 29 -
After the failures of Silicon Valley Bank and Signature Bank, other institutions rushed to reassure their customers. But it can be tricky to ensure these messages do no harm.
May 29 -
The global accord's provision on supervision establishes broad authorities over risks not expressly covered in capital rules. The Federal Reserve's top regulator has already hinted that those authorities might be relied on more in the wake of this spring's bank failures.
May 26 -
Nine experts weigh in on what might happen inside the banking industry in the years to come.
May 26 -
After the three bank failures, PacWest customers yanked billions of dollars as the firm scrambled to stabilize capital and liquidity levels, and the stock has plunged 70% this year.
May 26 -
Pledges to get to net-zero funded emissions by 2050 appear to be falling by the wayside as oil companies expand their fossil fuel extraction operations.
May 26The Sierra Club -
Try keeping quiet and listening instead of talking, suggests the journalist Dan Lyons in his new book, "STFU." Doing so can lead to a host of benefits, from career advancement to a better marriage.
May 26American Banker -
Citing "changing market dynamics," the company announced it will exit mortgage lending this summer.
May 26