So the Fed is asleep at the wheel? How many more firms has the Fed not appreciated the seriousness of critical deficiencies in a firm’s governance, liquidity, and interest rate risk management? Don’t they stress test for this stuff?!?

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by Dismal-Jellyfish

Source: Federal Reserve Board announces the results from the review of the supervision and regulation of Silicon Valley Bank, led by Vice Chair for Supervision Barr

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