Connect with us

Hi, what are you looking for?

[stock_market_widget type="ticker-quotes" template="chart" color="#5679FF" assets="MSFT,AAPL,NFLX,GOOG,TSLA,NFLX,AMZN" animation="true" display_currency_symbol="true" api="yf" speed="50" direction="left" pause="true"]

Top Stories

Silicon Valley Bank's failure is no reason for stricter bank regulation

Peter Morici Last Updated: April 22, 2023 at 9:48 a.m. ET First Published: April 18, 2023 at 7:05 a.m. ET By Peter Morici Raise the cap on deposit insurance and train more competent bank examiners AP Referenced Symbols FCNCA -0.42% Silicon Valley Bank’s failure rattled confidence in small- and mid-sized banks across the U.S. and

silicon-valley-bank's-failure-is-no-reason-for-stricter-bank-regulation

Peter Morici

By

Peter Morici

Raise the cap on deposit insurance and train more competent bank examiners

AP

Referenced Symbols

Silicon Valley Bank’s failure rattled confidence in small- and mid-sized banks across the U.S. and once again ignited cries to more tightly regulate banks.

Advertisement. Scroll to continue reading.

That’s wrong-headed. We need to step back and examine how non-money center banks, which are essentially depositories, get into trouble and better apply the tools we have.

Ever since  invented…

You May Also Like

Mining

NAL spodumene concentrate production remains targeted for H1 2023 with revenue potential in Q3 2023. Credit: Piedmont Piedmont Lithium (Nasdaq: PLL; ASX: PLL) announced...

Stocks

SAN FRANCISCO (MarketWatch) — Among the companies whose shares are expected to see active trade in Thursday’s session are BlackBerry Ltd., Oracle Corp., and...

Tech

Over 90% of cybercrime activities that lead to financial fraud or identity theft start with an email impersonation, commonly known as phishing and spoofing....

Top Stories

Following a down year for the stock market, there is no shortage of recession predictions for 2023, especially as the Federal Reserve has signaled...

Advertisement