Less than half of U.S. banks ready to borrow from Fed in emergency

A year after Silicon Valley Bank’s failure, less than halfof U.S. banks have established borrowing capacity by pledging collateral at the Federal Reserve’s emergency lending facility, according to Fed data. That’s despite a crescendo of calls from financial regulators for banks to make sure they...

https://www.hellenicshippingnews.com/less-than-half-of-u-s-banks-ready-to-borrow-from-fed-in-emergency/