Reporter @WSJ. I write about banking and consumer finance, and I cover Wells Fargo and Bank of America. E-mail: ben.eisen@wsj.com. DM for Signal details.
As First Republic Bank was careening toward failure last week, some everyday investors were rushing to snap up shares on the cheap in hopes that the beleaguered lender might stag
Warren Buffett called for the leaders of First Republic Bank and other failed lenders to be punished for their actions leading up to this spring's regional banking crisis.
Failing to hold chief executives and boards of directors accountable for mismanagement sends a bad message to the rest of the b
Shareholders alleged Wells Fargo and its past leadership misled them about how swiftly they were fixing systems that didn't halt opening up of fake accounts
Now for a touch of musical theater to liven up the Senate banking committee hearing on bank failures.
During a [grilling of former executives at Silicon Valley Bank and Signature Bank](https://www.wsj/articles/former-svb-signature-bank-executives-to-face-senate-panel-727a9af7?mod=hplistapos2&
Greg Becker, Silicon Valley Bank's former CEO, suggested the compensation he received for last year was reasonable. Here is what he said during today's Senate banking committee hearing:
"From the standpoint of that compensation, that's determined by the board of directors," Mr. Becker said. "And so
Major Wall Street banks are signaling a weak quarter for their trading businesses.
At an industry conference this week, they telegraphed that markets calmed in the second-quarter compared with the topsy-turvy markets a year ago, leading to cooldown in both fixed income and equities.
**Goldman Sa