SVB failure signals Fed’s need for a speed rethink

Rapid transition to large-bank bracket left supervisors flat footed on rate risk

Credit: montage

The US Federal Reserve’s excoriating self-criticism of its handling of Silicon Valley Bank contains a wide array of potential reforms, but former regulators say one particular finding necessitates the most profound rethink of the Fed’s approach to bank supervision.

From 2019 to 2021, SVB’s assets almost tripled – from $71 billion to $211 billion. During that time, the review said, heightened supervisory or regulatory standards did not kick in fast enough.

The review found SVB’s move from the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here