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Home>Coins dealers headline>European regulators criticise US ‘incompetence’ over Silicon Valley Bank collapse

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European regulators criticise US ‘incompetence’ over Silicon Valley Bank collapse

IMG Auteur

USA Gold

Published : March 29th, 2023

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Category : Coins dealers headline


	Financial Times/Laura Noonan/3-17-2023 “Europe’s financial regulators are furious at the handling of the Silicon Valley Bank collapse, privately accusing US authorities of tearing up a rule book for failed banks that they had helped to write.” USAGOLD note: One eurozone official called the US bailout of uninsured deposits “total and utter incompetence.”

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