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Top banking regulator blames SVB collapse on ‘mismanagement’ but insists vulnerability was ‘not apparent until the unexpected bank run’

March 29, 2023
in Finance News
Reading Time: 1 min read
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Michael Barr’s testimony to Congress pinned the blame squarely on SVB but he didn’t fully explain why the Fed didn’t act earlier. Read More

Source：https://fortune.com/2023/03/28/silicon-valley-bank-svb-mismanagement-michael-barr-bank-run/

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