Exec Liability Bill For Failed Banks Is Unnecessary, Unwise https://www.law360.com/banking/articles/1834530?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-06-03&read_main=1&nlsidx=0&nlaidx=12 A bill before the U.S. Senate, which would effectively empower the Federal Deposit Insurance Corp. to hold senior bank executives strictly liable for reasonable business decisions that lead to bank failures, needlessly overwrites the existing negligence standard and rewards counterproductive caution in management, say attorneys at Davis Polk. Read full article » https://www.law360.com/banking/articles/1834530?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-06-03&read_more=1&nlsidx=0&nlaidx=12 | Save to favorites » https://www.law360.com/banking/articles/1834530?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-06-03&read_later=1&nlsidx=0&nlaidx=12