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U.S. Fed works on loophole that masked losses on SVB's securities -WSJ

U.S. Federal Reserve may close a loophole that allows some midsize banks to conceal losses on securities they hold, the Wall Street Journal reported on Friday, citing people familiar with the. | April 21, 2023 ....

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Deal to buy Silicon Valley Bank calms bank fears, for now

NEW YORK — First Citizens Bank is buying much of Silicon Valley Bank, the tech-focused financial institution whose failure this month set off a chain reaction that helped rattle faith in. | March 27, 2023 ....

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