bank failure

According to reports, the Federal Deposit Insurance Corporation (FDIC) of the United States has launched an investigation into the behavior of executives in the bankruptcy of Silic

On March 13, US Treasury Secretary Yellen said that regulators had been working hard to solve the bank failure in Silicon Valley all weekend, and the most important thing was to protect depositors rather than rescue investors. But she declined to disclose details of the potential solution. Yellen also said that during the financial crisis, investors and owners of systemically important banks were rescued. Now we will not do this again. The reform we have been carrying out all the time also means that we will not do this. We are concerned about depositors, and we will focus on meeting their needs. US Treasury Secretary Yellen: The regulators’ focus on the Silicon Valley banking case is to protect depositors rather than investors Analysis based on this information:In light of the recent Silicon Valley bank failure, US Treasury Secretary Yellen recently spoke to the media to provide updates on the nature of the issue and the steps that regulators have taken…