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- Title
Bank Directors Beware: Post-Crisis Bank Director Liability.
- Authors
MAY, EMILY S.
- Abstract
This article reveals that corporations, including banks, are increasingly holding bank directors liable for decisions made in their official capacity. Topics discussed include the role played by the Federal Deposit Insurance Corporation (FDIC) in the punishment of bank director personal liability, the methods that banks use to protect their directors from personal liability, including indemnification agreements, and the overall impact of director personal liability.
- Subjects
BANK directors; DECISION making; PERSONAL liability; FEDERAL Deposit Insurance Corp.; INDEMNIFICATION
- Publication
North Carolina School Banking Institute Journal, 2015, Vol 19, p31
- ISSN
1096-7249
- Publication type
Article