Rajashree Chakravarty - Profile and Journalist Details
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Rajashree Chakravarty
Verified
Reporter, Banking Dive
Beats
Economy Politics and Business. Society Political Economy
Economic analysis
Content
By Rajashree Chakravarty| Banking Dive Verified Reps. Andy Barr, R-KY and Ritchie Torres, D-NY, introduced Wednesday a House version of a bill that would phase out reputational risk as a metric in bank supervision. The measure is aimed at addressing “the regulatory abuses that occurred under initiatives like Operation Choke Point,” where federal banking agencies used reputational risk to limit access to financial services to certain industries, according to the press release announcing the bill.
By Rajashree Chakravarty| Banking Dive Verified Evolve Bank & Trust and Lineage Bank are facing a lawsuit accusing the lenders of negligence in monitoring and mismanagement of funds connected to the collapse of fintech Synapse. The proposed class action lawsuit was filed by Dustin Justus in the U.S. District Court for the Western District of Tennessee on Friday. Evolve’s parent company, Evolve Bancorp, was also named in the lawsuit.
By Rajashree Chakravarty| Banking Dive Verified Reps. Andy Barr, R-KY and Ritchie Torres, D-NY, introduced Wednesday a House version of a bill that would phase out reputational risk as a metric in bank supervision. The measure is aimed at addressing “the regulatory abuses that occurred under initiatives like Operation Choke Point,” where federal banking agencies used reputational risk to limit access to financial services to certain industries, according to the press release announcing the bill.
Company Info
Banking Dive
Banking Dive is a prominent online publication dedicated to the banking industry. It offers in-depth journalism and analysis, providing valuable insights into the latest news, trends, and regulatory changes affecting the sector. As part of Industry Dive, which has merged with TechTarget's technology websites and Informa Tech, Banking Dive has expanded its editorial reach significantly. The platform features a variety of services, including detailed news coverage, a newsletter for subscribers, and deep dive articles that explore specific topics such as regulations and technology's role in banking. Banking Dive caters to professionals in the banking sector, including executives, policymakers, and financial analysts, delivering reliable information to help them navigate the evolving landscape of the industry.
Washington, District of Columbia, United States
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