David Gura appears in the following:
Wall Street's top cop is determined to bring crypto to heel. He just took a big shot
Saturday, June 10, 2023
The SEC announced this week a barrage of lawsuits against crypto exchanges Coinbase and Binance. The outcome could help define the future of the cryptocurrency sector.
A crossroads for crypto? Regulators filed lawsuits against two major industry players
Friday, June 09, 2023
Regulators have filed major lawsuits against two of the biggest players in the world of crypto currencies, signaling the start of a new battle in their war against crypto.
The SEC unveils 13 charges in a lawsuit against crypto exchange Binance
Tuesday, June 06, 2023
The Securities and Exchange Commission has filed more than a dozen charges against Binance which runs the largest crypto trading site in the world.
The SEC sues Binance, unveils 13 charges against crypto exchange in sweeping lawsuit
Monday, June 05, 2023
U.S. regulators sued Binance, saying the world's largest crypto trading platform misled investors and regulators. The accusations were part of 13 charges unveiled by the SEC.
He took away the country's top AAA rating in 2011. He ended up fearing for his life
Monday, June 05, 2023
John B. Chambers led the team at ratings agency S&p that decided to downgrade the country's AAA rating in 2011. It was a big decision, and it took a personal toll — but he has no regrets.
The U.S.'s perfect credit rating is on notice for the second time in its history
Sunday, May 28, 2023
After Fitch warned the U.S. its AAA rating could be in jeopardy, there is fear of a repeat of what happened in 2011, when Standard & Poors downgraded the U.S. to AA+.
A debt default by the U.S. would be devastating to the nation's credit rating
Wednesday, May 24, 2023
As the debt ceiling talks continue and the United States edges closer to a potential default on its debt, the nation is at risk of losing its prized AAA rating.
Here's what could happen in markets if the U.S. defaults. Hint: It won't be pretty
Sunday, May 21, 2023
Investors are still hopeful that lawmakers will clinch a deal to raise or suspend the debt ceiling. That's because failure to do so could have devastating consequences in markets.
Former leaders of failed banks appear before a Senate committee
Tuesday, May 16, 2023
Former top executives at Silicon Valley Bank and Signature Bank are set to appear before the Senate Banking Committee after both lenders had to be rescued by the government earlier this year.
Shares of smaller lenders sink once again, reviving fears about the banking sector
Thursday, May 04, 2023
PacWest and Western Alliance were among the smaller lenders that saw shares tumble even as the banks sought to reassure their customers and investors..
New signs of banking turmoil after First Republic Bank's failure — the third in 2023
Thursday, May 04, 2023
Days after the second-largest bank failure in U.S. history, there are signs other regional banks are vulnerable.
JPMorgan Chase banks on its new HQ being 'a destination'
Wednesday, May 03, 2023
JPMorgan Chase is building a multibillion-dollar headquarters in New York City, designed by one of the most famous architects in the world. The bank hopes it will be a model for a post-pandemic workplace.
JPMorgan Chase to take over deposits and most of the assets of First Republic Bank
Monday, May 01, 2023
JP Morgan Chase is buying the troubled lender First Republic, after its shares plummeted on the New York Stock Exchange last week. The FDIC oversaw the sale.
JPMorgan Chase buys troubled First Republic Bank after U.S. government takeover
Monday, May 01, 2023
JPMorgan Chase is taking over First Republic after the troubled bank was placed in the FDIC's receivership in the latest failure in the banking system.
A new report assesses last month's bank failures and includes lessons for the future
Friday, April 28, 2023
The Federal Reserve and the FDIC reported on lessons learned from March's bank failures, including lapses in government oversight and ideas on how to prevent similar meltdowns going forward.
What went wrong at Silicon Valley Bank? The Fed is set to release a postmortem report
Thursday, April 27, 2023
The Federal Reserve and the FDIC are set to report Friday on their oversight of two failed banks. The banks' collapse six weeks ago rocked credit markets and raised the risk of recession.
First Republic Bank shares plummet, reigniting fears about U.S. banking sector
Wednesday, April 26, 2023
Trading of First Republic Bank shares were halted multiple times today, as investors sold off shares, alarmed by financial disclosures from the bank.
It cost $22 billion to rescue two failed banks. Now the question is who will pay
Thursday, April 13, 2023
Regulators need to decide how to recover the cost of rescuing Silicon Valley Bank and Signature Bank — and community banks across the country are warning they should not be on the hook.
Why small banks take issue with bailing out Silicon Valley and Signature banks
Thursday, April 06, 2023
The government's lifeline to customers of Silicon Valley Bank and Signature Bank cost more than $20 billion. By law, lenders will have to pay for it. Small banks say they shouldn't be on the hook.
First Republic Bank shares sink to another record low, but stock markets are calmer
Monday, March 20, 2023
Shares in the midsized lender continued to tumble as fears grow about First Republic's financial health grow even after it received a $30 billion lifeline from its bigger rivals last week.