I am interested and a bit anxious to see whether this was one bank's incompetence or a systemic issue caused by unprecedentedly low rates incentivizing cash hol

I am interested and a bit anxious to see whether this was one bank's incompetence or a systemic issue caused by unprecedentedly low rates incentivizing cash holders to seek riskier forms of yield. Although, why anyone managing billions of dollars thought it was a good idea to lock up tons of money for a long period when interest rates were nil is beyond me. I'll gladly take their job at merely HALF their salary!