EPISODE · Feb 8, 2023 · 9 MIN
How Silver Gate Lost $846M in One Quarter
from The Paper Podcast · host Ryan James
In this week's episode our Host, Ryan James, CEO and President of Surety Bank delves into a bank that faced a significant loss - Silvergate Bank. Get a glimpse into their financials, the impact cryptocurrency had on them, and the events that led to their downfall. This episode will provide lessons learned from this experience and you'll be able to gain insight into the importance of monitoring concentrations in deposits as well as the potential risks in the crypto industry. Thank you for watching this clip! If you enjoyed it and want to stay up to date with new upcoming episodes, please subscribe and share with a friend or colleague! For more information: ryangjames.com/paper-podcast
What this episode covers
In this week's episode our Host, Ryan James, CEO and President of Surety Bank delves into a bank that faced a significant loss - Silvergate Bank. Get a glimpse into their financials, the impact cryptocurrency had on them, and the events that led to their downfall. This episode will provide lessons learned from this experience and you'll be able to gain insight into the importance of monitoring concentrations in deposits as well as the potential risks in the crypto industry. Thank you for watching this clip! If you enjoyed it and want to stay up to date with new upcoming episodes, please subscribe and share with a friend or colleague! For more information: ryangjames.com/paper-podcast
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How Silver Gate Lost $846M in One Quarter
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