The downfall of Silicon Valley Bank - The Buzz

What this episode covers

The swift collapse of Silicon Valley Bank has shaken the banking industry during the past two weeks. SVB engaged in risky lending practices and did not have the necessary safeguards in place, leading to a run on deposits that eventually sent the bank into receivership, Mike Sekits, co-founder and managing director of community bank partnership group BTech Consortium, tells Bank Automation News in this episode of “The Buzz” podcast.

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Frequently Asked Questions

How long is this episode of The Buzz?

This episode is 11 minutes long.

When was this The Buzz episode published?

This episode was published on March 21, 2023.

What is this episode about?

The swift collapse of Silicon Valley Bank has shaken the banking industry during the past two weeks. SVB engaged in risky lending practices and did not have the necessary safeguards in place, leading to a run on deposits that eventually sent the...

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