Report finds 'culture of risk aversion' hindered oversight of SVB, Fed official says

A "culture of risk aversion" among examiners contributed to the collapse of Silicon Valley Bank rather than relaxed oversight, a top Federal Reserve official said on Friday in remarks flagging the initial findings of a review of the 2023 bank failure.

Source: Reuters

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Category General

Source Reuters

Published 3 days ago

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News ID #18,828

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