The recent collapse of many major US banks is simply symptomatic of an underlying issue in the banking sector, explains Senior Market Analyst at Trade Nation David Morrison

Regulators are considering asking more banks to hold more capital in the wake of the SVB and Signature collapses

The penalty relates to a failure to fulfill fee waiver and discount promises for mortgages

The ABA has advocated for a measured approach to oversight for new technologies

The banking sector regulator wants to establish a regular survey to gauge consumer trust

The bank must file a plan for full closure with California state regulators

Action follows former president and CEO Ashton Ryan Jr’s fraud trial earlier this year

The U.S. Consumer Financial Protection Bureau has fined Citizens Bank for violating the Truth in Lending Act

Michael Barr’s report issues strong verdict on mismanagement at the bank and regulatory shortcomings

"The Fed rightly assumes some responsibility for some of the issues that led up to the collapse of SVB..."