WASHINGTON — The Federal Reserve on Friday faulted itself for failing to “take forceful enough action” to address growing risks at Silicon Valley Bank ahead of the lender’s March 10 collapse, which raised turmoil across the global banking industry. #business #ifttt #nyt

Fed Slams Its Own Oversight of Silicon Valley Bank in Post-Mortem WASHINGTON — The Federal Reserve on Friday faulted itself for failing to “take forceful enough action” to address growing risks at Silicon Valley Bank ahead of the lender’s March 10 collapse, which raised turmoil across the global banking industry. Tags: business, ifttt, nyt via Pocket https://ift.tt/jMmyDkK April 29, 2023 at 12:32AM

Fed Slams Its Own Oversight of Silicon Valley Bank in Post-Mortem WASHINGTON — The Federal Reserve on Friday faulted itself for failing to “take forceful enough action” to address growing risks at Silicon Valley Bank ahead of the lender’s March 10 collapse, which raised turmoil across the global banking industry. Tags: fed slams its own oversig via Pocket https://ift.tt/jMmyDkK April 29, 2023 at 01:17AM