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> The real question is why the regulators didn't notice. From what I read, it looks like some banks are trying to stay below $250B threshold that would trigger
by hypothesis 4y ago
> The real question is why the regulators didn't notice.
From what I read, it looks like some banks are trying to stay below $250B threshold that would trigger higher scrutiny.
- twblalock 4y agoGiven that the collapse of a bank that had less than that is now the second largest failure ever, lowering that threshold would be a pretty good start.
- maximilianburke 4y agoIt was $50bn, it was raised to $250bn in 2018.
- hypothesis 4y agoI couldn’t find earlier data points, but at the end of 2019 they apparently had $61B in deposits… [0] https://mobile.twitter.com/jamiequint/status/1633956163565002752 https://mobile.twitter.com/jamiequint/status/163395616356500...
- medler 4y agoThe threshold was $50B until Trump and co raised it to $250B. I agree that lowering it back to $50B should be a priority.
- jjeaff 4y agoPartially due to lobbying on behalf of SVB itself.