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Video: Fed Vice Chair Calls SVB a ‘Textbook Case of Bank Mismanagement’

March 28, 2023March 28, 2023 · Banking · By ReportWire
Video: Fed Vice Chair Calls SVB a ‘Textbook Case of Bank Mismanagement’

Michael S. Barr, the Federal Reserve’s vice chair for supervision, said Silicon Valley Bank had ignored “bread-and-butter” banking issues.

The New York Times

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Tags: Banking and Finance, Federal Reserve, Michael Barr, Silicon Valley Bank

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