The Federal Reserve is facing stinging criticism for missing what observers say were clear signs that Silicon Valley Bank was at high risk of collapsing into the second-largest bank failure in U.S. history.
A pedestrian passes a Silicon Valley Bank branch in San Francisco, Monday, March 13, 2023. As the primary regulator of the bank, the Federal Reserve is coming under sharp criticism from financial watchdogs and banking experts. A pedestrian passes a Silicon Valley Bank branch in San Francisco, Monday, March 13, 2023. As the primary regulator of the bank, the Federal Reserve is coming under sharp criticism from financial watchdogs and banking experts.
WASHINGTON — The Federal Reserve is facing stinging criticism for missing what observers say were clear signs that Silicon Valley Bank was at high risk of collapsing into the
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