The head of banking supervision at the San Francisco Federal Reserve to retire

<p>You would have to wonder if this was on the cards all along after the regional banking crisis caught fire with the failure of SVB and First Republic Bank.</p><p>If you are looking for a scapegoat the supervisory folks at the West Coast Fed fit the bill nicely. Randall Quarles had departed Fed HQ long ago. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.