SVB was told by the fed that they were over-exposed to interest rate risk after audits in 2021 and 2022. SVB fired their chief risk officer (presumably for sayi

SVB was told by the fed that they were over-exposed to interest rate risk after audits in 2021 and 2022. SVB fired their chief risk officer (presumably for saying the same thing) and didn't fill the position during the same timeline.