Washington – According to the Federal Reserve Bank, the US Federal Reserve’s chief bank supervisor first learned about the interest rate risks at the Silicon Valley Bank (SVB) in mid-February. Back then, just a few weeks before the California bank went bankrupt, Fed employees gave a presentation to the central bank’s leadership, said Michael Barr, head of the Fed’s banking regulator, on Tuesday before the US Senate in Washington.
Related posts:
"Tragic Dormitory Fire in Guyana Claims Lives of 19 Young People: Updates and Investigation Report"
Trees fell on the federal highway: total closure on Attersee for six weeks
Czech Vondrousova surprising Wimbledon winner | News.at
"Belarus President's Nuclear Warning: Russia-Belarus Alliance and Global Concerns"
Black box found in Nepal. Very confused. The pilot didn't report the problem before the plane crash....
A 6.1 magnitude earthquake shakes Japan's Ogasawara archipelago
Off-Duty Pilot's Attempt to Shut Down Engine Mid-Flight: Alaska Airlines Horror
After knife attacks with ten dead: Both murder suspects in...