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Signature Bank's Demise: Who's Next? | Joseph Wang

Empire

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Are You Having a Liquidity Crisis?

The uninsured deposits of Silicon Valley bank was much, much higher than anyone else in their peer group. But do you also think that there's a degree of this is a sector-specific phenomenon where venture capital has ruled the world? Right now, part of the country is going through a rough time because venture capital funding has kind of dried up. The bigger part really is just having liabilities that are stable. It's more difficult to grow if you don't have a booming industry but that's not the same as having a run.

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