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Silicon Valley Bank Failure – Lessons in Interest Rate Risk Management

South State Correspondent

The abrupt collapse of Silicon Valley Bank (SVB) is a stunning example of bank leadership not understanding interest rate risk, running into trouble with an inverted yield curve, and ignoring the impact of a severe monetary correction on long-duration assets. That combination made their liabilities very sensitive to safety.

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Facebook's Libra Hires HSBC Veteran As Managing Director

PYMNTS

The Libra Association has named James Emmett as managing director of Libra Networks, the association’s operating company subsidiary. Levey added that he is confident that Emmett’s “leadership will help make Libra's vision a reality.". “I Libra Association, launched in June 2019, describes itself as an “independent member organization.”

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Sansan Lands VC For Business Networking Solution

PYMNTS

Japan-based business card management service Sansan has announced news of fresh venture capital in support of its solution which helps professionals with business information management and networking. While not a social media network, Sansan does promote connectivity between businesses and professionals.

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Trust: Once Again the Most Precious Currency in Banking

Gonzobanker

Here are seven key areas where bank executives need action plans to address burning challenges: Communication – Bankers have been working to calm their customers and community, but the quantity and quality haven’t yet met the standard in an always-on social media world where the public is sniffing for transparency and authenticity.

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How To Improve Uninsured Deposit Performance

South State Correspondent

Apply further rising rates, social media amplification of rates or risk, general sensitivity to safety, greater competition, or a credit shock to the deposit holding institution. Deposit value now dwarfs fee value, yet many management teams are still worried and compensated on fee generation.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Listen to the podcast episode, " How To Sleep Easier at Night About Capital and Risk Levels.". keep me informed. Whitepaper. CECL Models.

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Rebeca Romero Rainey: Do today for tomorrow

Independent Banker

From thoughtful choices about capital investments to ways we can support small businesses, what we do today intentionally shapes where we’re heading tomorrow. I’ll be looking forward to continuing our conversations virtually and connecting via social media and other channels. We lead with a drive toward what’s next.