Previous  1  2

KPMG Gave SVB, Signature Bank Clean Bill of Health Weeks Before Collapse

I've been involved in many KPMG audits of customers. I've often thought they were useless, because they pick a bunch of random things to test. Those things may not point to any actual flaws in the business process.

   

Bank fears spread to Europe, drag down shares of big lenders

   

TDPS update: Credit Suisse Stock Slump Triggers Close Monitoring by Regulators

   

First Republic Bank execs quietly sold $12M in stock BEFORE SVB crash: Chairman sold $4.5m, chief credit officer sold $2.5m in trades ending just two days before crash - and head of wealth management sold 73% of his shares worth $3.5m in January

   

   

   

   

   

Ironic that the run on a system based on trust was caused by crypto that selling point was not to trust the system.

   

   

   

   

   

   

Previous  1  2