4 ms·
SVB wasn't big enough. If Wells Fargo or Chase or some other bulge bracket had a bank run, they would be swimming in bailouts already.
by KRAKRISMOTT 4y ago
SVB wasn't big enough. If Wells Fargo or Chase or some other bulge bracket had a bank run, they would be swimming in bailouts already.
- projektfu 4y agoThat's sort of a tautology. The agencies bailed out and married systemically important banks, but also put a number of extra restrictions on them after Dodd-Frank. SVB argued that it was not systemically important and didn't need that treatment.