Federal Reserve’s Barr calls for strengthening of US banking regulation and supervisionBy Marie Kemplay
May 3, 2023
Review into Silicon Valley Bank collapse suggests changes to improve supervision and tighten regulatory requirements.
The Federal Reserve’s eagerly awaited report into SVB’s collapse, and the supervisory and regulatory circumstances around it, was published on April 28. The probe, led by vice-chair for supervision Michael S. Barr, suggests that mismanagement ...