<p><strong>Stocks in regional banks declined sharply following Silicon Valley Bank’s collapse, but Oregon’s financial institutions are confident they would weather the storm. </strong></p>
Sources familiar with the matter said that JPMorgan Chase, Citigroup, Wells Fargo and Goldman Sachs are part of the group of banks pulling together the package. It is likely to consist of $30 billion in deposits and capital for First Republic
The search for causes and culprits — and solutions — is refocusing attention on a 2018 federal law that rolled back tough bank regulations.
The warning signs were all there. Silicon Valley Bank was expanding at a breakneck pace and pursuing wildly risky investments in the bond market. The vast majority of its deposits were uninsured by the federal government, leaving its customers exposed to a crisis.