SVB: Early lessons for all financial institutions from Silicon Valley Bank’s failure
Abrigo
MARCH 13, 2023
Much attention has been placed on the sale of the securities portfolio at a loss and if that move itself was causal. Not having any knowledge of the bank’s actual practices or internal discussions, I am relegated to supposition. Boy, did that impact capital ratios. For SVB, many of their customers didn’t need loans.
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