Story thread · 3 reports / 3 sources

GAO flags disclosure gaps exposed by 2023 bank failures

americanbanker.com · 10dShare

Two of the banks that collapsed in 2023 were subject to a weaker system of investor-disclosure oversight than most public companies, prompting the government watchdog to call for changes.

First report: Banks without holding companies need better disclosure rules: GAO — finance.yahoo.com, 10d