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Tag: Bank Failures


Regulations

Bank failures signal need for stronger supervision, regulation: Powell

June 29, 2023

Via: Banking Dive

Federal Reserve Chair Jerome Powell stressed the importance of strong capital buffers for a resilient banking system, as evident from the failures of Silicon Valley Bank and two other midsize banks in March and May. While speaking Thursday at an […]


Regulations

Congressional Hearings Calling Federal Regulators to Task for Recent Bank Failures

March 30, 2023

Via: JD Supra

Both the Senate Banking Committee and House Financial Services Committee held hearings this week on the federal regulatory response to the failures of Silicon Valley Bank (“SVB”) and Signature Bank. Witnesses at both hearings were Federal Reserve Board (“FRB”) Vice […]