Last March, Silicon Valley Bank collapsed and kicked off the most significant U.S. banking crisis in years. A few months later, the Federal Reserve proposed a series of major changes to how big lenders are regulated. The Fed proposals are known as the “Basel III endgame,” in reference to completing the implementation of global banking reforms first outlined well over a decade ago, following the 2008 financial meltdown.

New York Community Bancorp Chairman Alessandro DiNello scooped up more than $200,000 worth of the company’s stock, which has fallen more than 59% so far this year. DiNello bought 50,000 shares at a price of about $4.19 a share, marking a total purchase worth about $209,000. Shares of New York Community Bancorp have sunk over the past two weeks after the regional bank reported a surprise loss and said it was shoring up its balance sheet after its acquisition of Signature Bank last year and l...

Chief Executive Thomas Cangemi said the company is adjusting to the regulatory demands of being a large bank after its purchase of assets and liabilities from Signature Bank, one of three banks that failed in rapid succession in early 2023 after spooked customers pulled cash en masse. The results took some investors back to the bank crisis in early 2023, when Signature, Silicon Valley Bank and First Republic Bank all failed within a span of weeks. At those banks, large amounts of uninsured d...

About half of the bank’s assets in the closely watched auction fall into the rent-regulated category.

The bank’s $33 billion in loans and other assets are expected to sell on average 15% to 40% below their original face amount.

Alecta, the subject of two ongoing probes by the Swedish Financial Supervisory Authority (FSA) over risk taking, said in a statement its deputy board chair, Jan-Olof Jacke, will lead the board until a permanent candidate is elected. "In a situation where there has been too much focus on my person, I have decided to resign," Ingrid Bonde said in a statement. Alecta's board in April fired its CEO, and the FSA launched a probe, after it lost 19.6 billion Swedish crowns ($1.78 billion) from holdin...

The Treasury secretary’s comments show regulators are bracing for turbulence, though she said she doesn’t see a huge threat to the banking sector.

The fallout from the Silicon Valley Bank collapse isn't over yet. Federal Reserve officials are gearing up to review tools and regulations to enhance supervision throughout the banking system.

Sheila Bair, Former FDIC Chair and Senior Fellow to the Center for Financial Stability, discusses bank executives' testimonies and reasons behind the regional banking failures, including interest rate risk management, the role of social media, and deposit runs.

Former FDIC Chair Bill Isaac joins Yahoo Finance Live to discuss regional banking failures, including SVB and Signature Bank, banking executives' testimonies in Congress, advice for banking regulators, and the likelihood of future banking failures.