Skip to content
Inflation News

Silicon Valley Bank failure review finds Fed staff 'should have known' about risks

Silicon Valley Bank failure review finds Fed staff 'should have known' about risks
Photo: The Hill Business · view original

A new review of the Silicon Valley Bank collapse found Federal Reserve supervisory staff “knew or should have known” about the institution’s vulnerabilities, Michelle Bowman, the Fed's vice chair for supervision, said Friday. The initial findings from an outside consulting firm's independent revi...

Sources and story details