Categories: Business

Report finds 'culture of risk aversion' hindered oversight of SVB, Fed official says

By Pete Schroeder WASHINGTON, Sept 18 (Reuters) – A "culture of risk aversion" among examiners contributed to the collapse of Silicon Valley Bank rather than relaxed oversight, a top Federal Reserve

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Recent Posts

Orion180 Insurance valued at $1.14 billion as shares fall in debut

By Atharva Singh Sept 18 (Reuters) - Orion180 Insurance was valued at $1.14 billion after…

3 minutes ago

UPDATE 1-US energy firms add rigs for second week to highest since May 2024, Baker Hughes says

(Adds details) NEW YORK, Sept 18 (Reuters) - US energy firms this week added rigs…

5 minutes ago

BRIEF-Poste Italiane – Announces Change In Share Capital After Capital Increase For Offer

Sept 18 (Reuters) - Poste Italiane SpA: * ANNOUNCES CHANGE IN SHARE CAPITAL AFTER CAPITAL…

9 minutes ago

Jacquet among new faces in Zidane's first France squad

VIDEO SHOWS: FRANCE NATIONAL FOOTBALL TEAM COACH, ZINEDINE ZIDANE, GIVING PRESS CONFERENCE COMPLETE SCRIPT TO…

10 minutes ago

SpaceX to fly more NASA crews to space station under expanded $5.92 billion deal

Sept 18 (Reuters) - NASA said Friday that the agency had given SpaceX a $946…

14 minutes ago

Prysmian, Rio Tinto partner to bring low-carbon aluminum to Amazon data center

Sept 18 (Reuters) - Italian cable maker Prysmian said on Friday it had partnered with…

15 minutes ago