No, ‘Wokeness’ Did Not Cause Silicon Valley Bank’s Collapse
Posted inBanking and Financial Institutions Conservatism (US Politics) Consumer Financial Protection Bureau Corporate Social Responsibility Environment Minorities Silicon Valley Bank United States Politics and Government

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
Posted inBanking and Financial Institutions Barr, Michael S Becker, Gregory W Dodd-Frank Wall Street Reform and Consumer Protection Act (2010) Law and Legislation Quarles, Randal K Regulation and Deregulation of Industry Signature Bank Silicon Valley Bank Tarullo, Daniel K

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.
Goldman Sachs Eyes a Big Payout from Silicon Valley Bank Deal
Posted inBlackRock Inc Charles Schwab Corporation Executive Compensation Federal Reserve System Fink, Laurence D Goldman Sachs Group Inc internal-storyline-no Justice Department Khanna, Ro OpenAI Labs Porter, Katie (1974- ) Regulation and Deregulation of Industry Schwab, Charles R Signature Bank Silicon Valley Bank Warren, Elizabeth Waters, Maxine

Goldman Sachs Eyes a Big Payout from Silicon Valley Bank Deal

The Wall Street giant is likely to be paid more than $100 million for its role in a bond purchase that ultimately failed to save the California bank from collapse.