Birdwatch Note Rating
2023-03-13 18:08:34 UTC - HELPFUL
Rated by Participant: 3F6471A96053B9F0B6309029583CCB3E00C174BC82DEDDD2508C56F4CC3CD915
Participant Details
Original Note:
The 2018 rollback did not cause SVB to collapse. It exempted banks below $250 billion from stress tests, but they still had to follow liquidity provisions. SVB was well capitalized with highly liquid assets as defined by Dodd Frank. https://www.cbsnews.com/news/dodd-frank-rollback-5-things-to-know-about-bill-to-cut-banking-regs/ https://www.federalreserve.gov/newsevents/pressreleases/bcreg20140903a.htm https://cdr.ffiec.gov/public/ManageFacsimiles.aspx
All Note Details