The hosts discuss the changes in the banking industry and interview Chip Mayhan, CEO of Live Oak Bank, who shares insights about the lending environment, government guaranteed paper, and the bank's willingness to take on unconventional loans.
When Silicon Valley Bank collapsed, $43 billion left its doors in one afternoon, or $1 million every second. How has the banking landscape changed since then?
Motley Fool Senior Analyst Bill Mann caught up with Chip Mahan, CEO of Live Oak Bank. They discuss:
- The breakdown of communication between regulators and Silicon Valley Bank - How Live Oak Bank is differentiating itself from larger institutions - Why traditional banks may face margin issues in the “not too distant future”
Companies discussed: LOB, JPM
Host: Bill Mann Guest: Chip Mahan Producer: Ricky Mulvey Engineers: Rick Engdahl, Tim Sparks
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