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SVB failure is a ‘textbook case of mismanagement,’ top Fed regulator tells Congress

Name: SVB failure is a ‘textbook case of mismanagement,’ top Fed regulator tells Congress
Uploaded: 2023-03-27T15:30:15-07:00
Channel: NBC Palm Springs
Description: Silicon Valley Bank imploded due to mismanagement and a sudden panic among depositors, a top Federal Reserve official plans to tell lawmakers at a hearing on Tuesday.

By: Pristine Villarreal

March 27, 2023

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