Birdwatch Note Rating
2023-03-13 18:51:31 UTC - HELPFUL
Rated by Participant: CF491A7D5EFC76D59582DA7FDCECE578E824B42F58AA30A0EB0590255B7F0221
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