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Fed Blames Itself In Reviewing Silicon Valley Bank’s Collapse

Por: MarketWatch Business April 28, 2023

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It was also left vulnerable because of insufficient supervision and regulatory standards, the review found. In a letter released alongside the report, Barr wrote that the Fed’s own bank supervisors “did not fully appreciate the extent” of SVB’s vulnerabilities and then, once they were identified, didn’t respond quickly enough to ensure they were fixed. When it collapsed, SVB had 31 unaddressed “safe and soundness supervisory... + full article



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