Katanga Johnson

Stay informed with Katanga Johnson’s coverage and analysis.

  • Jerome Powell speaks at podiumFinance

    Jerome Powell met Jamie Dimon and other bank CEOs behind closed doors to avoid legal fight

    By Katanga Johnson and Bloomberg
  • Michael Hsu speakingFinance

    Half of large U.S. banks are failing on operational risk, secret report finds

    By Hannah Levitt, Katanga Johnson, and others
  • Martin Gruenberg, chairman of the Federal Deposit Insurance Corporation (FDIC), during a Senate Banking Committee hearing in Washington, DC, US, on Tuesday, Nov. 14, 2023. The head of the Federal Deposit Insurance Corporation told lawmakers that his agency had launched an investigation into reports of misogynistic culture among bank examiners that prompted women to quit the agency. Photographer: Tierney L. Cross/Bloomberg via Getty ImagesFinance

    200-page report offers ‘sobering look’ inside toxic workplace at the government agency that regulates bankers, sources say

    By Katanga Johnson, Lydia Beyoud, and others
  • Martin Gruenberg, chair of the Federal Deposit Insurance Corporation (FDIC), during a meeting of the Financial Stability Oversight Council (FSOC) at the Treasury Department in Washington, DC, US, on Thursday, Dec. 14, 2023. The US Treasury secretary this week said it would make sense for the Federal Reserve to consider lowering interest rates as inflation eases to keep the economy on an even keel. Photographer: Al Drago/Bloomberg via Getty ImagesFinance

    FDIC workplace probe finds bank regulator needs a ‘structural and cultural transformation’ to fix ‘sexualized, boys’ club environment’

    By Katanga Johnson, Lydia Beyoud, and others
  • Martin GruenbergFinance

    Wall Street watchdogs want another crack at clawing back big bonus payouts after executive misconduct

    By Katanga Johnson, Lydia Beyoud, and others
  • Martin J. GruenbergFinance

    Golden-goodbye payouts on Wall Street could be at risk under resurrected Financial Crisis era rule

    By Lydia Beyoud, Katanga Johnson, and others
  • Jerome PowellFinance

    Powell warns commercial real estate woes will lead to bank failures: ‘This is a problem that we’ll be working on for years’

    By Paige Smith, Katanga Johnson, and others
  • Martin Gruenberg, chairman of the Federal Deposit Insurance Corporation (FDIC), during a Senate Banking Committee hearing in Washington, DC, US, on Tuesday, Nov. 14, 2023. The head of the Federal Deposit Insurance Corporation told lawmakers that his agency had launched an investigation into reports of misogynistic culture among bank examiners that prompted women to quit the agency. Photographer: Tierney L. Cross/Bloomberg via Getty ImagesFinance

    FDIC chair is ‘deeply troubled’ by claims the agency is a ‘sexualized’ workplace with a ‘boys’ club environment’

    By Katanga Johnson and Bloomberg
  • First Republic BankFinance

    Feds work into the night on the First Republic Bank crisis after bid deadline comes and goes

    By Hannah Levitt, Katanga Johnson, and others
  • SAN FRANCISCO, CALIFORNIA – APRIL 26: A pedestrian walks by a First Republic bank on April 26, 2023 in San Francisco, California. Shares of San Francisco-based bank First Republic continue to fall as the New York Stock Exchange halted trading of the stock at least a dozen times on Wednesday following the company’s earnings report that showed its clients had withdrew more than 40% of deposits in the first quarter following the collapse of Silicon Valley Bank. (Photo by Justin Sullivan/Getty Images)Finance

    Deadline for banks to submit First Republic bids passes as FDIC rushes to fix crisis—and avoid receivership

    By Hannah Levitt, Katanga Johnson, and others
  • NEW YORK, NEW YORK – APRIL 24: A sign for a First Republic bank branch is seen in Manhattan on April 24, 2023 in New York City. The U.S. bank will reveal its latest financial results but concerns over small and medium-sized banks persist following the collapse of Silicon Valley Bank (SVB) in March. (Photo by Spencer Platt/Getty Images)Finance

    FDIC asks JPMorgan Chase, others to submit final bids for First Republic Bank, whose shares are down 97% this year

    By Hannah Levitt, Katanga Johnson, and others
  • Donald TrumpFinance

    SVB CEO Greg Becker lobbied the government to relax some Dodd-Frank provisions on regional lenders in 2015. Trump did in 2018.

    By Hannah Levitt, Katanga Johnson, and others
  • Sam Bankman-Fried leaving court in the Bahamas.Tech

    FTX’s Sam Bankman-Fried is on his way to the airport to face criminal charges in the US after a tumultuous week in the courtroom

    By Jim Wyss, Ava Benny-Morrison, and others
  • FTX founder Sam Bankman-Fried (C) is led away handcuffed by officers of the Royal Bahamas Police Force at the Nassau, Bahamas, courthouse on December 19, 2022. – Cryptocurrency tycoon Samuel Bankman-Fried arrived at Bahamas magistrate court Monday where he could move to accept extradition to the United States to face charges over the multibillion-dollar collapse of his FTX group. (Photo by Kris INGRAHAM / AFP) (Photo by KRIS INGRAHAM/AFP via Getty Images)Finance

    Sam Bankman-Fried’s Bahamas jail is nothing like his $30 million penthouse

    By Katanga Johnson and Bloomberg
  • FTX CEO Sam Bankman-Fried attends a press conference at the FTX Arena in downtown Miami on June 4, 2021. (Matias J. Ocner/Miami Herald/Tribune News Service via Getty Images)Finance

    Sam Bankman-Fried takes a big step toward U.S. extradition and facing charges over FTX’s multi-billion-dollar collapse

    By Katanga Johnson and Bloomberg