Financial Services Financial Services

US regulators looking at banker pay restrictions in event of bank failure, Chopra says

By Neil Roland
  • 11 Apr 2023 23:05
  • 11 Apr 2023 23:05
Rohit Chopra, head of the US Consumer Financial Protection Bureau, said regulators are considering ways to limit or defer senior bankers’ stock options, with the possibility that they would be forfeited in the event banks collapse, as Silicon Valley Bank did.
“We can’t have a system where executives can take

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Neil Roland

Senior Correspondent

Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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