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Heads of failed banks questioned on executive pay, how they handled risk at Senate hearing

Por: The Boston Globe Business May 16, 2023

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NEW YORK — Executives from two large US banks that failed dramatically in March appeared in front of the Senate Banking Committee on Tuesday to respond to questions about why their banks went under and what regulators could have done to avoid the calamities.Along with questions about how these banks failed, senators used the hearing to also address executive pay and whether senior executives in the US are being rewarded more for short-term... + full article



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