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- European regulators have slammed the US response to SVB's collapse, per a FT report.
- One regulator called it a "joke," and another said it showed "total and utter incompetence."
- That comes after the US guaranteed all SVB deposits, even those over $250,000.
European authorities have slammed US regulators for their handling of the Silicon Valley Bank collapse, according to the Financial Times.
In particular, they pointed to US guarantees on all SVB deposits, even those exceeding the typical $250,000 limit.