The Fed's Response to Silicon Valley Bank Collapse.
TL;DR Summary
The Federal Reserve supervisors were aware of the mounting problems at Silicon Valley Bank (SVB) before it collapsed, according to a report by Bloomberg. SVB received several notices from supervisors at the Fed warning it of a key problem on its balance sheet - unhedged interest rate risk. The report comes amid questions about the role of senior Fed officials in examining the causes of the collapse.
Topics:business#bank-supervision#collapse#federal-reserve#finance#interest-rate-risk#silicon-valley-bank
- What Did The Fed Supervisors Do Before SVB Collapsed? TPM
- Fed Blocked Mention of Regulatory Flaws in Silicon Valley Bank Rescue The New York Times
- Five Facts on the Silicon Valley Bank Crisis RealClearPolicy
- Editorial: Don't let incompetent bank executives derail the Fed's inflation battle Chicago Tribune
- Jeffries meets with San Francisco Fed following Silicon Valley, Signature bank collapses The Hill
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