This edition: Silicon Valley Bank: The Canary in the Coal Mine?
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Original tape date: April 18, 2023. First aired: July 10, 2023.On March 9, 2023, Silicon Valley Bank, the sixteenth largest bank in the U.S., suffered a classic bank run, despite having received a clean audit from KPMG just 14 days prior. Did KPMG miss key signals? Will SVB’s failure be followed by others, and what are the implications for the broader economy?
Guest List
Linda Allen William F. Aldinger Chaired Professor of Finance, Zicklin School of Business
Paquita Davis-Friday Interim Dean, Zicklin School of Business
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