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SVB's 2023 failure traceable to US Fed's 'culture of risk aversion,' Bowman says

By Neil Roland ( September 18, 2026, 21:14 GMT | Insight) -- An outside review of the US Federal Reserve's oversight of the 2023 failure of Silicon Valley Bank found that Fed staffers "knew, or should have known" that the bank was exposed a year before its collapse, but they suffered from "a longstanding culture of risk aversion," a Fed official said.An outside review of the US Federal Reserve's oversight of the 2023 failure of Silicon Valley Bank found that Fed staffers "knew, or should have known" that the bank was exposed a year before its collapse, but they suffered from "a longstanding culture of risk aversion," a Fed official said Friday....

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