Silicon Valley Bank Collapse Puts CFOs on Notice

Written by Vincent Ryan and Wayne Spivak
March 12, 2023 in

Finance chiefs must follow SVB’s collapse to assess their own exposure, and also to help guard their organizations from future interest risk.

On Friday, Silicon Valley Bank (SVB) was closed by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver.

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