Kneejerk regulatory reaction to SVB risks lending squeeze
Risk manager at regional bank says any Dodd-Frank 2.0 would be ‘fighting the last war’
Stay updated with breaking news from Shadow Banking. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Risk manager at regional bank says any Dodd-Frank 2.0 would be ‘fighting the last war’
SVB collapse shows supervisory framework is not fit for a changing industry and new systemic risks
The sector carries out financial activities, but is not regulated like banking – and it holds €3.7 trillion in assets in Ireland alone
The best uncensored news, information, and analysis.
On Friday, March 10, Silicon Valley Bank (SVB) collapsed and was taken over by federal regulators. SVB was the 16th largest bank in the country and its bankruptcy was the second largest in U.S. history, following Washington Mutual in 2008. Despite its size, SVB was not a “systemically important financial institution” (SIFI) as defined in