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

A "culture of risk aversion" among examiners contributed to the collapse of Silicon Valley Bank rather than relaxed oversight, a top Federal Reserve official said on Friday in remarks flagging the initial findings of a review of the 2023 bank failure.

Sources (1)· Sep 18, 3:08 PM

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Reuters· Sep 18, 3:08 PMReport finds 'culture of risk aversion' hindered oversight of SVB, Fed official says

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