1.55 Fed faults Silicon Valley Bank execs, itself in bank failure

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Fed faults Silicon Valley Bank execs, itself in bank failure
Dátum: 2023-04-29 [abcnews.com]
The Federal Reserve blamed last month’s collapse of Silicon Valley Bank on poor management, watered-down regulations and lax oversight by its own staffers, and said the industry needs stricter policing on multiple fronts to prevent future bank failures
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