What to Watch as the Fed Releases Its Look Into Silicon Valley Bank The Federal Reserve is set to release an examination of why its oversight of the bank failed to stem disaster at 11 a.m. on Friday.
SVB Hearing Takeaways: Bank Failures Spur a Blame Game, But Few Solutions Senators sharply questioned federal regulators about shortcomings in oversight after two bank failures rattled the financial system. Regulators put the blame on the banks’ management.
Silicon Valley Bank’s Risks Went Deep. Congress Wants to Know Why. Lapses at the bank will be a focus as a top Federal Reserve official testifies to House and Senate committees this week.
UBS and Other Bank Stocks Fall After Credit Suisse’s Firesale Investors are still spooked after UBS bought its Swiss peer, with confidence in the banking sector in short supply.
After SVB Collapse, Fed and Lawmakers Eye Bank Rules The stunning demise of Silicon Valley Bank has spurred soul-searching about how large and regional banks are overseen.