Insiders at collapsed Signature Bank sold more than $100 million of shares in the years after the bank pivoted to attract crypto companies and became a stock-market darling, according to a WSJ analysis
Insiders at collapsed Signature Bank sold more than $100 million of shares in the years after the bank pivotedand became a stock-market darling, according to a Wall Street Journal analysis.
Sales over the past three years by the bank’s chairman, its former chief executive officer and his successor accounted for about half of the amount sold, according to the Journal’s analysis of company filings. All three served on the board committee tasked with overseeing the bank’s risk profile over the past year.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FDIC to market failed Signature Bank loan portfolio in the summerFederal regulators said late Monday they expect to begin marketing failed Signature Bank’s loan portfolion later this summer. The portfolio, worth about $60...
Read more »
FDIC announces sale process of former Signature Bank loan portfolioThe Federal Deposit Insurance Corporation (FDIC) on Monday announced the marketing process for the about $60 billion loan portfolio retained in receivership following the failure of Signature Bank.
Read more »
March's bank failures show options can be tricky even when retail traders pick big winnersThe trading halt for Silicon Valley Bank and Signature Bank created hurdles for traders who had bet that the stocks would fall.
Read more »
Kodai Senga uses custom ghost glove, dominates with signature pitch in Mets debutKodai Senga and his “ghost” fork ball’s stellar major league debut for the Mets wasn’t the only thing helping the Japanese pitcher create a buzz.
Read more »
DeSantis’ signature tips US into majority 'constitutional carry' nation with new Florida gun rights lawThe U.S. is now officially a majority 'constitutional carry' nation after Florida Gov. Ron DeSantis signed a bill into law allowing permitless gun carry, the 26th state to do so.
Read more »
🔒 Insiders Only: The Seinfeld contest you can brag aboutComic legend Jerry Seinfeld is finally making it back to Jacksonville and we are giving YOU a chance to win a pair of fifth-row center tickets for a night of laughs. ⬇
Read more »