1+ week, 5+ day ago   (568+ words) A federal judge ruled that SVB's parent company cannot recover billions from the deposit insurer, pinning blame on executives who loaded up on long-term bonds The FDIC just caught a major break in the long, messy aftermath of Silicon Valley…...

2+ week, 3+ day ago   (281+ words) US authorities seized three internet domains tied to hacking platforms that compromised NASA, the Federal Reserve, and hundreds of other organizations The FBI and Department of Justice pulled the plug on two hacking platforms linked to a Chinese state-sponsored group,…...

2+ week, 3+ day ago   (301+ words) The FBI dismantled two platforms linked to a state-sponsored PRC hacking group that reportedly infiltrated the Federal Reserve, NASA, and multiple government agencies. The US Department of Justice and the FBI announced the seizure of two hacking platforms tied to…...

2+ week, 5+ day ago   (306+ words) Delaware lawsuits accuse Wall Street's biggest banks of enabling undervalued private equity buyouts, and a quirk in new state law may have made them easier targets The cases center on a legal theory that has quietly gained traction in Delaware:…...

3+ week, 3+ day ago   (449+ words) The Second Circuit overturned a lower court ruling that gave the FDIC exclusive standing, allowing former shareholders to pursue securities fraud claims against bank executives and auditor KPMG. Former Signature Bank shareholders just got a second shot at holding the…...

3+ week, 5+ day ago   (375+ words) Six global banking giants agree to pay $86.4 million to resolve allegations they colluded to manipulate Mexican government bond prices over more than a decade Mexican subsidiaries of six major global banks have agreed to pay $86.4 million to settle claims they…...