Just over a year before Silicon Valley Bank’s collapse threatened a generation of technology startups and their backers, the Federal Reserve Bank of San Francisco appointed a more senior team
Was the Fed too late on SVB even though it saw problem after problem?
As the upgraded crew took over, it fired off a series of formal warnings to the bank's leaders, pressing them to fix serious weaknesses in operations and technology
 "SVB, Silicon valley bank")
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Photo: Bloomberg
Topics : US Fed Silicon Valley
First Published: Mar 18 2023 | 7:15 AM IST
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