Today news
About the same in other media
SVB management, examiners failed to appreciate risks: Fed IG
Reading now: 568
WASHINGTON (Reuters) — The leadership of Silicon Valley Bank and its government supervisors failed to quickly recognize risks looming in the firm before its March failure, according to a report from the Federal Reserve's inspector general.
The report echoed similar dissections of the sudden collapse, finding that the bank did not manage risks as it rapidly grew and that examiners struggled to adequately police a bank that was quickly becoming one of the biggest in the country.
Read more on investing.comAbout this in other media
Fed speakers in focus following Treasury yield commentary from Logan, Jefferson investing.com /1 year ago
2 Federal Reserve officials say spike in bond yields may allow central bank to leave rates alone abcnews.go.com /1 year ago
US Fed's top bank cop defends effort to hike bank capital investing.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
