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Tying deposit insurance reform to reform of the tying of deposits | White & Case LLP

On March 10, 2023 the California Department of Financial Protection and Innovation ("CDFPI") closed Silicon Valley Bank ("SVB"), a California chartered, non-member bank. The CDFPI...

Hutchins Roundup: Bank runs and social media, rising wages and inflation, and more

Did Twitter Panic Crash Silicon Valley Bank?

A new study on Silicon Valley Bank's demise links depositor flight and stock crash with Twitter mentions.

Social Media Catalyzed Recent Bank Failures, Paper Says

“Social media fueled a bank run on Silicon Valley Bank (SVB), and the effects were felt broadly in ...

Study Shows Social Media Fueled Run on Silicon Valley Bank

A new report by university professors shows social media fueled the bank run on SVB that led to its failure. Other banks face similar risks.

Twitter fueled the Silicon Valley Bank run, study says

Academics warn that social media is a new “catalyst” for bank runs and argue that venture capitalists bear some of the blame for SVB’s downfall.

Silicon Valley Bank collapse: Twitter fueled run, according to study

The run that toppled Silicon Valley Bank was fueled by people's activity on Twitter, according to a new academic study.

Study Finds Twitter Chatter Fueled SVB Collapse — and Other Banks Are at Risk

Why BuzzFeed Is Closing Its News Division

The publisher ultimately couldn’t surmount the challenges facing digital journalism — and many of its peers are still struggling as well.