US Banking | Fed Rethinks Loophole That Masked Losses on SVB's Securities
Andrew Ackerman , Rachel Louise Ensign , The Wall Street Journal 4 min read 21 Apr 2023, 09:24 PM IST
- Potential change would reverse 2019 decision to loosen rules for midsize banks
The Federal Reserve may close a loophole that allows some midsize banks to effectively mask losses on securities they hold, a contributing factor in the collapse of Silicon Valley Bank.
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