Fed had expressed its concerns over Silicon Valley Bank for years: reports

Fed was aware of Silicon Valley Bank problems more than a year before its collapse

The Federal Reserve cautioned Silicon Valley Bank on multiple occasions, ABC News confirmed.
Mar. 20, 2023 - ABC News: Top Stories - Top stories

Bank of England warned the Fed about risks to Silicon Valley Bank’s U.K. operations before collapse

The BoE warned U.S. regulators about "concentration risk" at Silicon Valley Bank's U.K. operations before the tech-focused lender failed
Mar. 23, 2023 - MarketWatch.com - Top Stories - Business - United Kingdom

Republicans request Fed and FDIC oversight records for failed Silicon Valley Bank and Signature Bank

Mar. 20, 2023 - US Top News and Analysis - Business

Top Fed Officials Criticize Silicon Valley Bank Executives at Senate Hearing

Officials blamed executives at Silicon Valley Bank for its failure on March 10, while adding that Federal Reserve oversight is in for a revamp.
Mar. 28, 2023 - NYT > Top Stories - Top stories

Lawmakers Scold Fed Over Silicon Valley Bank Collapse

Senators rebuked the Federal Reserve for failing to prevent the collapse of Silicon Valley Bank despite identifying risks beforehand, while the central bank’s top regulator blamed the firm’s executives for not fixing its problems.
Mar. 28, 2023 - WSJ.com: US Business - Business - Federal Reserve

Fed Vice Chair Calls Silicon Valley Bank a ‘Textbook Case of Mismanagement’

The Federal Reserve’s top bank cop blamed Silicon Valley Bank’s leaders, while previewing the central bank’s review of its faulty oversight.
Mar. 28, 2023 - NYT > Top Stories - Top stories

Silicon Valley Bank leaders "failed badly," Fed Chair Powell says

Fed Chair slams the executives who were leading the regional bank when it collapsed, while insisting it was a one-off event.
Mar. 22, 2023 - Home - CBSNews.com - Top stories - Federal Reserve

Before Collapse of Silicon Valley Bank, the Fed Spotted Big Problems

The bank was using an incorrect model as it assessed its own risks amid rising interest rates, and spent much of 2022 under a supervisory review.
Mar. 19, 2023 - NYT > Top Stories - Top stories

The Fed’s Balance Sheet Looks Like Silicon Valley Bank’s

The world’s largest central bank isn’t in crisis, but it is losing money at the moment.
Mar. 17, 2023 - NYT > Top Stories - Top stories

Fed Blocked Mention of Regulatory Flaws in Silicon Valley Bank Rescue

Federal government officials wanted a joint statement to include a reference to regulatory shortcomings that they believe helped lead to the bank’s demise.
Mar. 16, 2023 - NYT > Top Stories - Top stories

Pension funds report millions in losses amid Silicon Valley Bank collapse

An Ohio public pension fund for teachers revealed it lost millions by holding more than $27 million in Silicon Valley Bank shares before the bank’s collapse.
Mar. 17, 2023 - ABC News: Top Stories - Top stories

EU authorities express concern over Swiss wipe-out of risky debt

Mar. 20, 2023 - World - World - European Union

Fed hikes rates despite concerns over banking crisis

The Federal Reserve hiked interest rates by 0.25 percentage points on Wednesday after numerous failures in the banking sector had prompted some analysts on Wall Street to call for a pause. The quarter-point hike is the ninth consecutive rate ...
Mar. 22, 2023 - Just In News | The Hill - Politics - Federal Reserve

China’s banking troubles are not the same as Silicon Valley Bank, economist says

China's small banks' problems reflect local issues, but do not pose systemic risks, said Zhu Min of the China Center for International Economic Exchanges.
22 hours ago - US Top News and Analysis - Business - China

Silicon Valley Bank failure is ‘punishing mid-size banks,’ Democratic congressman says

Rep. Brad Sherman (D-Calif.) calls the Silicon Valley Bank failure a result of both mismanagement and a lack of regulation.
Mar. 28, 2023 - NBC News Politics - Politics

First Citizens Bank purchases much of collapsed Silicon Valley Bank

First Citizens Bank agreed to purchase much of Silicon Valley Bank, which collapsed earlier in March. SVB's former branches reopened Monday under the First Citizens Bank banner.
Mar. 27, 2023 - Home - CBSNews.com - Top stories

First Republic’s stock rallies as First Citizens deal for Silicon Valley Bank lifts banks

The FDIC announced the purchase of Silicon Valley Bank by First Citizens Bancshares, and First Republic's stock rose on reports of more U.S. support for banks.
Mar. 27, 2023 - MarketWatch.com - Top Stories - Business

Silicon Valley Bank's deposits and loans to be bought by First Citizens Bank

First Citizens Bank has reached a deal to buy Silicon Valley Bank after the California lender's stunning collapse earlier this month. CBS News' Tony Dokoupil and Lilia Luciano are joined by Wall Street Journal market reporter Hannah Miao with more.
Mar. 27, 2023 - Home - CBSNews.com - Top stories

First Citizens Bank to purchase assets of Silicon Valley Bank

First Citizens Bank is buying most of the business of Silicon Valley Bank, the US tech lender that failed earlier this month.
Mar. 27, 2023 - CNN.com - RSS Channel - HP Hero - Top stories

First Citizens Bank to buy Silicon Valley Bank deposits and loans

First Citizens Bank & Trust Co will buy Silicon Valley Bank’s deposits and loans, the U.S.
Mar. 27, 2023 - NBC News Top Stories - Top stories

Senators call on former Silicon Valley Bank, Signature Bank CEOs to testify

Sens. Sherrod Brown and Tim Scott said the former CEOs of the failed banks should "answer for" their banks' "downfall" in Senate testimony.
Mar. 23, 2023 - US Top News and Analysis - Business

Tesla stock having its best start to a year yet, adding $200 billion in valuation

Tesla has added more than $200 billion to its market value so far this year in what's also been its best quarter of stock performance in more than two years.
Mar. 29, 2023 - MarketWatch.com - Top Stories - Business - Tesla

Feds mull unlimited deposit guarantees if bank crisis worsens: report

Treasury Department officials are considering ways to temporarily expand federal guarantees on all bank deposits in case the crisis gripping the banking industry worsens, according to a new report.
Mar. 20, 2023 - MarketWatch.com - Top Stories - Business

As Banking Worries Swirl, Europe’s Policymakers Express Confidence, With Caution

Officials say eurozone lenders are strictly supervised and continue to be strong. But at a recent conference, wariness about the future remained.
Mar. 27, 2023 - NYT > Top Stories - Top stories

How a Trump-Era Rollback Mattered for Silicon Valley Bank’s Demise

An under-the-radar change to the way regional banks are supervised may have helped the bank’s rapidly growing risks to go unresolved.
4 hours ago - NYT > Top Stories - Top stories

Date:	Mar. 19, 2023 5:05 PM ET
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Source:	MarketWatch.com - Top Stories - marketwatch.com
Category:	Business