Adrienne Harris, superintendent of the New York Department of Financial Services, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Thursday, May 18, 2023. Two senators on the committee say they have found flaws in regulators' oversight reviews before some of the recent bank failures, and are asking the president to appoint an independent investigator. Photographer: Al Drago/Bloomberg Adrienne Harris, superintendent of the New York Department of Financial Services, during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., on May 18.  Photo: Al Drago/Bloomberg

New York Department of Financial Services (DFS) Superintendent Adrienne Harris told state senators on Tuesday that her agency has identified a number of banks that have high percentages of uninsured deposits and a number of other risk factors, in the wake of the agency's closing of Manhattan-based Signature Bank in March.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
  • Informative weekly newsletter featuring news, analysis, real-world case studies, and other critical content
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Brian Lee

Brian Lee is an Albany-based litigation reporter for the New York Law Journal. He has worked at daily newspapers in Massachusetts, New York and New Jersey. He can be reached at [email protected]. Twitter: @bleereporter

News