The two regional lenders – and a smaller institution, Silvergate Bank, that arguably sparked the recent blaze that spread through U.S. banking – took business risks that undermined their resilience, according to their regulators. Federal Reserve Vice Chairman for Supervision Michael Barr said the trouble with SVB, for instance, was rooted in “classic interest rate risk management.”
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Sam Bankman-Fried’s Mother and Brother Not Cooperating With Financial Probe, FTX...
The crypto exchange wants to question its founder’s family as it seeks to locate allegedly misappropriated funds
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