Post-Silicon Valley Bank, regulators are still not aggressive enough to prevent bank collapses
Banking regulators could prevent further bank collapses by being more aggressive with tools they already have for both big and small banks, a panel of banking experts said Tuesday. PNC Financial Services Holdings Inc. PNC, +1.25%Chief Executive William Demchak said the primary lesson of the demise of Silicon Valley Bank that caused it and two other S&P 500 SPXcomponents to collapse last year is that “regulation is uneven” between big and small banks.The unrealized losses on Silic
Read more »