In this discussion, Jackie Reses, CEO of Lead Bank, and Kris Dickson, CFO of Lead Bank and former Lehman Brothers CFO, unpack the rapid downfall of Silicon Valley Bank. They explore the critical role of venture capitalists, social media, and management missteps in the crisis. The duo also examines the implications for depositors, discussing potential guarantees and the viability of neo-banks. With insights into possible buyers for SVB and strategies for restoring depositor confidence, their conversation sheds light on navigating turbulent financial waters.
