Norges Bank, AP7 Named Co-Lead Plaintiffs in Silicon Valley Bank Lawsuit
The institutional investors lost a combined total of nearly $162 million from investments in the bank’s holding company, SVB Financial Group.
Source: ai-cio.com
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Fed watchdog says SVB overseers didn't keep pace with bank's growth
The Fed’s watchdog cited several reasons for SVB’s failure, including mismanagement of interest rate risk, unchecked growth, and higher concentrations in its depositor base.
Source: yahoo.com
Book celebrates slice of history
It was standing room only in the Oturehua Hall earlier this month as the book recording the story of how New Zealand’s longest-running country...
Source: odt.co.nz
Key San Francisco Fed official who oversaw supervision of SVB will retire
By Elisabeth Buchwald, CNN
Source: wicz.com
The rise of America's anti-corporate populists
They are the Odd Couple of the United States Senate. She is a progressive Democrat and senior senator from true-blue Massachusetts, he a nationalist Republican and junior senator from ever-reddening Ohio. She has a 100 per cent rating from the National Abortion Rights Action League; he is ‘100 per cent pro-life’. She wants a path to citizenship for undocumented aliens;
Source: spectator.co.uk