Silicon Valley Bank

How Regional Banks Got Healthy Again

The crisis set off by Silicon Valley Bank’s collapse has waned. Its peers have more capital and deeper customer ties.

The banks at the center of the recent crisis, like Western Alliance, are engaged in collective soul-searching.

In the Federal Reserve’s last meeting, “several” participants thought rates may have moved high enough to get inflation under control.

The bank had not fixed its problems before it failed, they said. Its leader was not excluded from the sale process.

Senators derided Gregory Becker at a hearing about the failure of his bank. “It sounds a lot like ‘my dog ate my homework’,” one said.