SVB Failure Spurs Fed Soul-Searching, Political Blame Game

"Certainly liquidity management will be a first-strike target for regulators in the near-term," said Mark Chorazak, a partner in Shearman & Sterling LLP's global financial institutions advisory and financial regulatory practice who pointed to liquidity stress-testing as a particular area of possible interest. Regulators will likely want to scrutinize "the assumptions that are used when thinking about potential deposit outflow rates of banks under stress conditions," Chorazak said.