5min chapter

The Daily cover image

A Third Bank Implodes. Now What?

The Daily

CHAPTER

The Effect of Regulators on Silicon Valley Bank's Risk Management Practices

Gina: Silicon Valley Bank was growing rapidly in the years leading up to these reforms. Because of them, it didn't move up into sort of big bank oversight until a few years later than it otherwise would have. She says some risks were able to grow and metastasize and get worse without intervention. Gina: There's kind of a missed opportunity in these two or three years to nip serious problems in the butt at Silicon Valley Bank.

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