Issues : Liability
Cornerstone Research provides an analysis on the most recent lawsuits in which the FDIC, as receiver for failed financial institutions, brings professional liability claims against the directors and officers.
What did it cost Bank of America and Wells Fargo to buy failing institutions during the financial crisis?
Whether you are renewing your directors & officers (D&O) liability insurance or simply preparing for a D&O discussion, the person you should be trying to impress is the underwriter.
Are any of your bank branches and offices owned by directors? That could spell trouble but it can be handled well. Here’s how.