Analysis: US bank supervision needs more speed, transparency in wake of SVB debacle, critics say

U.S. bank supervision needs more speed and transparency in wake of SVB debacle, critics say

The Fed’s vice chair claims that supervisors repeatedly identified risks to the failed bank, leading to accusations by lawmakers that the problems had not been escalated fast enough.

US bank supervision needs more speed, transparency in wake of SVB debacle, critics say

SVB hit a wall earlier this month, collapsing in the space of less than 48 hours and unleashing fears of contagion.

Analysis: US bank supervision needs more speed, transparency in wake of SVB debacle, critics say

The secretive world of Federal Reserve bank supervision has been laid bare by the collapse of Silicon Valley Bank and critics say it needs an overhaul to make it more nimble, transparent and decisive.

US bank supervision needs more speed, transparency in wake of SVB debacle, critics say

WASHINGTON -- The secretive world of Federal Reserve bank supervision has been laid bare by the collapse of Silicon Valley Bank and critics say it needs an overhaul to make it more nimble, transparent and decisive.