US regulators failed to spot the warning signs that allowed them to act before bankruptcy from Silicon Valley Bank (SVB)in one around laws that are too laxassure several analysts. Was this a new black swan or was it simply an expected fallout from the tech company crisis?
The truth is that the central bank of the United States (Fed) announced Monday that will perform “an in-depth, transparent and rapid analysis” of the circumstances surrounding the fall of SVB. The results of the report will be published on May 1.
How could the sixteenth American bank in terms of assets collapse so quickly, closed on Friday by the authorities, and drag in its wake the Bank of signatures Sunday?
The bankruptcy “evidences the inadequacies of the regulatory reforms madeafter the financial crisis of 2007-2009, love Arthur Wilmarthfrom George Washington University.
Why regulators didn’t anticipate the crash and what alarms went off — Memesita
Categories: Economic History
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