Inside these posts: Bank regulators

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Regulators want $2.5 billion from bank execs

U.S. banking regulators have authorized lawsuits against 109 bank officials so far as they seek to recover at least $2.5 billion in losses connected to recent bank failures.

The Federal Deposit Insurance Corp said on Tuesday the suits target bank directors and officers for “either gross or simple negligence.” It is seeking to recoup money for its deposit insurance fund, which backs customer accounts. Get the full story »