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A Big Question for the Fed: What Went Wrong With Bank Oversight?

WASHINGTON — Jerome H. Powell is likely to face more than the typical questions about the Federal Reserve’s latest interest rate decision on Wednesday. The central bank chair will almost […]




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U.S. Is Ready to Protect Smaller Banks if Necessary, Yellen Says

WASHINGTON — Treasury Secretary Janet L. Yellen expressed confidence in the nation’s banks on Tuesday but said she was prepared to take additional action to safeguard smaller financial institutions as […]




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Before Collapse of Silicon Valley Bank, the Fed Spotted Big Problems

WASHINGTON — Silicon Valley Bank’s risky practices were on the Federal Reserve’s radar for more than a year — an awareness that proved insufficient to stop the bank’s demise.The Fed […]




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How Washington Decided to Rescue Silicon Valley Bank’s Depositors

WASHINGTON — On Friday afternoon, the deputy Treasury secretary, Wally Adeyemo, met with Jamie Dimon, the chief executive of JPMorgan Chase & Company, at Mr. Dimon’s office in New York.The […]




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Inside the Collapse of Silicon Valley Bank

Gregory Becker, the chief executive of Silicon Valley Bank, leaned back in his chair at a technology conference last week in San Francisco’s luxurious Palace Hotel, and delivered a bullish […]




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To Rein in China’s Banks, Xi Uses Familiar Playbook

To a man with a hammer, a renowned psychologist once posited, everything looks like a nail.For most of his decade in power, Xi Jinping, China’s leader, has usually arrived at […]







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Signature and Silicon Valley Bank Collapses Followed Softened Regulation

In the spring of 2018, President Donald J. Trump signed a law that watered down the landmark regulatory reform act that his predecessor had enacted following the global financial crisis. […]




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SVB Collapse Upsets Expectations for Federal Reserve’s Rate Decision

The Federal Reserve’s hotly-anticipated March 22 interest rate decision is just a week and a half away, and the drama that swept the banking and financial sector over the weekend […]