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Financial Crime News Briefs

Snapshots of money laundering, insider trading, financial fraud, sanctions evasion, regulations, and AI technology developments for educational purposes only.

Day: March 16, 2023

Written by FinCrimeMarch 16, 2023

First Republic Bank Executives Sold $12 Million in Stock in Months Before Crash

Reported by Ben Foldy and Tom McGinty Top executives of First Republic Bank sold millions of dollars of company stock in the two months before the bank’s shares plummetedduring the panic over the health of regional lenders. The bank’s chief risk officer sold on March 6, according to government documents. Two days later, Silicon Valley Bank shocked the […]

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