Lawmakers Scrutinize Executive Bonuses At Collapsed Banks
May 20, 2023 at 18:00 PM EDT
After several years during the pandemic in which bonuses exploded higher, reality is once again bearing down on the Wall Street gravy train, as regulators target banker paydays in the wake of Silicon Valley Bank’s blowup and the ensuing regional banking chaos that followed. Democratic lawmakers are scrutinizing executives at Silicon Valley Bank, Signature Bank and First Republic Bank […] Source