Silicon Valley Bank Review – Supervisory Materials

Abstraction: Federal Reserve public release of SVB supervisory documents post-failure

Key points:

• The Federal Reserve released confidential supervisory documents about SVB and SVB Financial Group (SVBFG) citing extraordinary public interest outweighing confidentiality
• Documents span 2016–2023 and include supervisory letters on corporate governance, liquidity, capital planning, risk management, and internal audit
• Key warning letters include a 2021 liquidity planning letter and a 2022 governance and risk management letter — both issued before the March 2023 collapse
• CAMELS examination reports (Capital, Asset Quality, Management, Earnings, Liquidity, Sensitivity) released from 2016 through 2022
• A Feb 2023 board briefing on rising interest rates and supervisory approach shows regulators were tracking the risk shortly before failure
• A draft Memorandum of Understanding dated March 10, 2023 — the day of SVB's closure — was also released

Connections: Silicon Valley Bank · Federal Reserve · Fdic · Bank Regulation · Financial Supervision

Source: https://www.federalreserve.gov/supervisionreg/silicon-valley-bank-review-supervisory-materials.htm