Silicon Valley Bank Hearing Takeaways: a Blame Game, but Few Solutions

Carri Insights Silicon Valley Bank Hearing Takeaways a blame game, but few solutions

Lawmakers questioned regulators about the failures of Silicon Valley Bank and Signature Bank and the steps needed to avoid future financial collapses.

Regulators blamed the banks for poor management and lawmakers want executives punished if they did anything improper. The hearing marks the beginning of an inquiry into what went wrong.

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