Silicon Valley Bank, Signature Bank, First Republic, What Has the Fed Learned?

In the age of mobile banking, we saw tens of billions of dollars leave these banks essentially overnight when people were worried about the strength of their banks. The other problem is how these banks have managed their interest rate risk. There's only a few scenarios in which the Fed has trusted interest rates in this manner. And it is something that has been seen of something of a blind spot for regulators.