Published On: Sat, Mar 18th, 2023

Silicon Valley Bank’s Distress Wasn’t Reflected in Credit Ratings

Credit-rating firms held regional banks in high regard—until two of the

biggest banking failures in U.S. history.

Rapid collapses at Silicon Valley Bank and Signature Bank cast doubt on whether bondholders will ever be repaid. Uninsured depositors worried they would lose their money before regulators stepped in to guarantee those funds.

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