SVB Hearing Takeaways: Bank Failures Spur a Blame Game, But Few Solutions

SVB Hearing Takeaways: Bank Failures Spur a Blame Game, But Few Solutions

The New York Times - Business:

Senators sharply questioned federal regulators about shortcomings in oversight after two bank failures rattled the financial system. Regulators put the blame on the banks’ management.

This post first appeared in The New York Times - Business. Read the original article.