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And SVB were one of the banks lobbying for that amendment. At the time they were falling close to the $50B limit themselves. So they certainly would have known
by bostik 4y ago
And SVB were one of the banks lobbying for that amendment. At the time they were falling close to the $50B limit themselves.
So they certainly would have known at the time that being subject to the stricter regulations would have hurt their profitability.