Silicon Valley Bank’s collapse from textbook asset-liability mismanagement raised questions about US banking supervision and whether more could have been done to identify and address vulnerabilities earlier. This event takes stock of US bank supervision and related policy questions, including whether the subsequent decision to fully guarantee all of Silicon Valley Bank’s deposits was justified and its implications for the banking sector moving forward. Nicolas Véron (Peterson Institute for International Economics), Daniel Tarullo (Harvard Law School) and Sarah Bloom Raskin (Duke Law School) discuss in this episode of the PIIE event series Financial Statements on April 26, 2023.
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Thumbnail: Sarah Bloom Raskin/Duke Law; Daniel Tarullo/Harvard Law; PIIE/Sarah Tew via stock.adobe.com
