Fed’s Review of SVB Supervision to Be Released on Friday
This article is for subscribers only.
The Federal Reserve said its internal review of the supervision and regulation of failed lender Silicon Valley Bank will be released on Friday at 11 a.m. New York time.
Michael Barr, the Fed’s vice chair for supervision, led the highly anticipated review, which was due by May 1. Barr has said that supervisors could have done more to keep tabs on the bank, known as SVB, before its collapse in March.