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Bank Failure Banking Industry california deposit insurance DFPI FDIC Financial Troubles First Republic Bank JPMorgan Chase News Signature Bank Silicon Valley Bank Silvergate Bank U.S. financial system

JPMorgan Chase Assumes Control of First Republic Bank Following Seizure by California Regulators

May 1, 2023 Robert Brown

On May 1, 2023, the California Department of Financial Protection and Innovation (DFPI) seized First Republic Bank, placing it into Federal Deposit Insurance Corporation (FDIC) receivership. According to reports, this…

Bahamas Securities Commission california California regulator California’s DFPI Crypto crypto assets DFPI Digital Assets Digital Currency DOJ Elizabeth Warren FTX FTX Exchange Investigation Regulation SEC

California Regulator Reveals Investigation Into FTX’s Failure, Says ‘Crypto Assets Are High-Risk Investments’

Nov 11, 2022 Robert Brown

After it was discovered that FTX was dealing with financial issues and the crypto exchange paused withdrawals, U.S. regulators started to take notice. On Nov. 10, 2022, California’s Department of…

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