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U.S. official: Bank rules under review in wake of SVB failure

The U.S. Federal Reserve’s bank supervisors warned Silicon Valley Bank’s management as early as the fall of 2021 of risks stemming from its unusual business model, a top Fed official said Tuesday, but its managers failed to take the steps necessary to fix the problems. Click Here to Visit Orignal Source of Article https://www.ctvnews.ca/business/u-s-official-bank-rules-under-review-in-wake-of-svb-failure-1.6331983

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