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European Regulators Condemn US ‘incompetence’ in SVB Collapse

European Regulators Condemn US ‘incompetence’ in SVB Collapse

FT | March 16 Europe’s financial regulators are furious at the handling of the Silicon Valley Bank collapse, privately accusing US authorities of tearing up a rule book for failed banks that they had helped to write. While the disapproval has yet to be conveyed in a formal setting, some of the region’s top policymakers


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