No, ‘Wokeness’ Did Not Cause Silicon Valley Bank’s Collapse

No, ‘Wokeness’ Did Not Cause Silicon Valley Bank’s Collapse

Blaming workplace diversity or environmentally and socially conscious investments for the firm’s downfall signals a “complete lack of understanding of how banks work,” one expert said.
After SVB Collapse, Fed and Lawmakers Eye Bank Rules

After SVB Collapse, Fed and Lawmakers Eye Bank Rules

The stunning demise of Silicon Valley Bank has spurred soul-searching about how large and regional banks are overseen.