Thanks for this really interesting read! Despite working in regulation right near SVB’s UK offices, I hadn’t actually heard of them until this crisis, and I was relatively ignorant to the...
Thanks for this really interesting read! Despite working in regulation right near SVB’s UK offices, I hadn’t actually heard of them until this crisis, and I was relatively ignorant to the situation. Like the article says, it’s interesting to read about a real modern rate shock trigger and how easily it could have been prevented. I learned a lot from this, thank you :)
The article is from 2023, when it happened. SVB today is alive, well, and taking customers.
https://www.svb.com/
Thanks for this really interesting read! Despite working in regulation right near SVB’s UK offices, I hadn’t actually heard of them until this crisis, and I was relatively ignorant to the situation. Like the article says, it’s interesting to read about a real modern rate shock trigger and how easily it could have been prevented. I learned a lot from this, thank you :)