Keep watch over banks, but try not to alarm anyone.That is how bank regulators appeared to view their duties in the lead-up to last month's banking crisis, at the center of which were the failures of Silicon Valley Bank in California and Signature Bank in New York.For years, federal regulators overseeing Silicon Valley Bank pointed out its many flaws using language whose impact appeared heavily blunted by technical jargon.
#years #potentially #coronavirus-pandemic #expectations #recommendation #recommendations #supervisors #federal-reserve
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