Ken Sweet

Stay informed with Ken Sweet’s coverage and analysis.

Page 4 of 5

  • A handful of red state Democrats were instrumental helping Republicans secure a rollback of banking regulations sought by then-President Donald Trump in 2018. NPhoto/Damian Dovarganes, File)Politics

    Army of lobbyists worked to water down bank rules that regulated SVB and Signature: ‘You couldn’t throw an elbow without running into one’

    By Brian Slodysko, Ken Sweet, and others
  • Axel Lehmann, Colm KelleherFinance

    ‘A historic, sad and very challenging day’ as Switzerland goes from 2 financial giants to just one and the world banking system teeters

    By Jamey Keaten, Ken Sweet, and others
  • Barney FrankFinance

    ‘The great mystery here is why the supervision was AWOL at Silicon Valley Bank’: Wall Street and DC point fingers amid burbling banking crisis

    By Paul Wiseman, Ken Sweet, and others
  • Customers in line outside Silicon Valley Bank headquarters in Santa Clara, California, US, on Monday, March 13, 2023. The collapse of Silicon Valley Bank has prompted a global reckoning at venture capital and private equity firms, which found themselves suddenly exposed all together to the tech industry’s money machine. Photographer: David Paul Morris/Bloomberg via Getty ImagesFinance

    Federal Reserve promises a ‘careful and thorough’ review of how it supervised failed Silicon Valley Bank: ‘We need to have humility’

    By Ken Sweet, Christopher Rugaber, and others
  • Joe BidenFinance

    Biden says financial system is safe but all seized banks’ management should get sacked and tougher rules are needed

    By Ken Sweet, Christopher Rugaber, and others
  • Signature BankFinance

    Government takes extraordinary steps to ward off banking crisis as 3rd-largest bank failure quickly follows SVB implosion

    By Ken Sweet, Christopher Rugaber, and others
  • Silicon Valley BankFinance

    Regulators have 2 massive problems to sort out with the Silicon Valley Bank collapse

    By Ken Sweet and The Associated Press
  • Signage outside Silicon Valley Bank headquarters in Santa Clara, California, US, on Thursday, March 9, 2023. SVB Financial Group bonds are plunging alongside its shares after the company moved to shore up capital after losses on its securities portfolio and a slowdown in funding. Photographer: David Paul Morris/Bloomberg via Getty ImagesTech

    Silicon Valley Bank has officially failed after less than a day of panicked selling as the federal government takes it over

    By The Associated Press and Ken Sweet
  • DOJ redliningFinance

    A Los Angeles bank just paid $31 million in the biggest redlining settlement in DOJ history for discrimination during the Trump years

    By Ken Sweet and The Associated Press
  • FTX founder Sam Bankman-Fried, is escorted from the Magistrate Court in Nassau, Bahamas, Wednesday, Dec. 21, 2022, after agreeing to be extradited to the U.S. (AP Photo/Rebecca Blackwell)Finance

    Sam Bankman-Fried’s ex-girlfriend among FTX associates to agree to cooperate against him in U.S. case

    By Ken Sweet, Rebecca Blackwell, and others
  • Sam Bankman-Fried in handcuffs.Tech

    FTX’s Sam Bankman-Fried will return to the US to face criminal charges and could spend the rest of his life in prison

    By Ken Sweet and The Associated Press
  • Rostin BehnamTech

    The DOJ threw the book at Sam Bankman-Fried, who could face up to 115 years in jail

    By Ken Sweet and The Associated Press
  • Sam Bankman-Fried, the founder and chief executive of FTX, in Nassau, Bahamas, on April 26, 2022.Finance

    SEC charges Sam Bankman-Fried with defrauding FTX investors

    By Ken Sweet and The Associated Press
  • NEW YORK, NEW YORK – NOVEMBER 30: FTX founder Sam Bankman-Fried speaks during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. The New York Times held its first in-person DealBook Summit since the start of the coronavirus (COVID-19) pandemic with speakers from the worlds of financial services, technology, consumer goods, private investment, venture capital, banking, media, public relations, policy, government, and academia. (Photo by Michael M. Santiago/Getty Images)Finance

    Sam Bankman-Fried claims he did not ‘knowingly’ co-mingle FTX customers’ assets with his trading firm Alameda

    By Ken Sweet and The Associated Press
  • Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, DC, US, on Thursday, Oct. 13, 2022. This year’s conference theme is “The Search for Stability in an Era of Uncertainty, Realignment and Transformation.” Photographer: Ting Shen/Bloomberg via Getty ImagesFinance

    Assets worth a fortune have been recovered at FTX after its collapse—and the scramble is on to find more

    By Ken Sweet and The Associated Press