Regulators: SVB Failure Was 'Textbook Case Of Mismanagement'

Regulators: SVB Failure Was 'Textbook Case Of Mismanagement'

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Bank stocks were mixed Tuesday as some of the nation's top regulators testified before the Senate Banking Committee. Top officials from the Federal Reserve, Federal Deposit Insurance Corp. and Treasury Department fielded questions regarding the collapse of Silicon Valley Bank and Signature Bank.…

#federalreserve #treasurydepartment #firstrepublicbank #michaelbarr #fdic #martingruenberg #nellieliang #treasury #svb #signaturebank

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