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September 18, 2026
Federal Reserve Staff Warned About Silicon Valley Bank Risks, Report Reveals
- The review by Starling Advisory Group found Fed staff were aware of risks prior to the bank's failure.
- Silicon Valley Bank faced a run in March 2023 after announcing significant losses and a need for capital.
- The bank's deposits were largely uninsured and concentrated in tech companies, raising concerns about its stability.
- The findings may lead to renewed scrutiny of former Vice Chair for Supervision Michael Barr's actions during the crisis.
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3 Sources
- Fed staff should have known Silicon Valley Bank was vulnerable, new report findsSep 18, 2026 at 1:36 PM · CNBC
- Report finds 'culture of risk aversion' hindered oversight of SVB, Fed official saysSep 18, 2026 at 3:09 PM · Reuters
- Silicon Valley Bank failure review finds Fed staff 'should have known' about risksSep 18, 2026 at 6:42 PM · The Hill