Birdwatch Note Rating
2023-03-15 16:15:42 UTC - HELPFUL
Rated by Participant: B20B91260121E68275250FEAAD8B05AF6B277C05EF3621DEA3414201D514A7E3
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