The Federal Reserve—which had previously flagged major operational vulnerabilities at the recently collapsed Silicon Valley Bank, where nearly 50 percent of venture capital–backed tech firms held assets—lent a record $152.9 billion in emergency liquidity to financial institutions across the country.
Weekly Review
Weekly Review
Weekly Review
The Federal Reserve—which had previously flagged major operational vulnerabilities at the recently collapsed Silicon Valley Bank, where nearly 50 percent of venture capital–backed tech firms held assets—lent a record $152.9 billion in emergency liquidity to financial institutions across the country.