Observations
Sep 27, 2023The US Federal Deposit Insurance Corporation (FDIC) has released a post-mortem report on its oversight of First Republic, admitting that it missed opportunities for a more holistic approach to supervising the bank.
Observations
Sep 05, 2023The Federal Reserve Bank Of San Francisco's Head of Supervision and Credit, Azher Abbasi, is set to retire on October 31. Abbasi leads bank supervision at the San Francisco Fed, which has faced criticism for its allegedly deficient oversight of Silicon Valley Bank (SVB) before its collapse. Although not explicitly named, Abbasi has come under scrutiny in post-event evaluations and from Congress members regarding SVB's failure.
by Stephen Scott, Starling Insights
Observations
Jul 24, 2023
