Revelations from the Collapse of Silicon Valley Bank: From the Perspective of Risk Management of Financial Institutions
This article examines the main reasons for the collapse of Silicon Valley Bank (SVB) in March 2023 from a regulatory and risk management perspective. By analyzing SVB Financial Group’s 10-K filings, we found that the economic value of its equity was indicative of excessive interest rate risk on SVB’s balance sheet more than a year […]