Fed Vice Chair Calls Silicon Valley Bank a Textbook Case of Mismanagement'
Briefly

WASHINGTON The Federal Reserve's vice chair for supervision blamed Silicon Valley Bank's demise on poor internal management and excessive risk-taking and detailed the steps that Fed supervisors took to address the snowballing problems that ultimately killed the company, according to prepared remarks ahead of a congressional hearing on Tuesday.
Read at www.nytimes.com
[
add
]
[
|
|
]