FDIC pins Signature Bank's failure on poor governance and illiquidity - SMARTNAIRA

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Saturday, 29 April 2023

FDIC pins Signature Bank's failure on poor governance and illiquidity

FDIC blamed SBNY’s board of directors and management for pursuing “unrestrained growth” using uninsured deposits without implementing liquidity risk management strategies.



from Cointelegraph.com News https://ift.tt/MJXVahG
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