Blame the bank failures on a combination of fast shifts in the economy plus regulators and bankers who adjusted only slowly, if at all, to those shifts
On March 8, Silicon Valley Bank and Signature Bank were both, according to public disclosures, “well capitalized,” the optimal level of health by federal regulatory standards.
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Swiss National Bank raises rates, says bank crisis stoppedThe Swiss National Bank raised its benchmark interest rate by 50 basis points on Thursday and declared that measures to support Credit Suisse had 'put a halt to the crisis'.
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