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Fed Raised Concerns About SVB’s Risk Management in 2019
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WASHINGTON—The Federal Reserve raised concerns about risk management at Silicon Valley Bank starting at least four years before its failure earlier this month, documents show.
In January 2019, the Fed issued a warning to SVB over its risk-management systems, according to a presentation circulated last year to employees of SVB’s venture-capital arm, which was viewed by The Wall Street Journal.
Read more on wsj.comAbout this in other media
Fed to Consider Tougher Rules for Midsize Banks After SVB, Signature Failures wsj.com /1 year ago
Fed’s Jerome Powell Says Data Will Determine Size of Next Rate Increase wsj.com /1 year ago
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