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Q&A: Recent Bank Failures Do Not Mean It’s 2008 All Over Again

UVA Darden

Smith: The Silicon Valley Bank, or SVB, invested heavily in relatively “safe” assets, in that the investments had little or no likelihood of default. But the assets wouldn’t pay back for a long time, mostly 10 years or more. The bank also had long-dated assets. Once the run started, the FDIC had to step in and close the bank.

Banking 52
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Q&A: Recent Bank Failures Do Not Mean It’s 2008 All Over Again

UVA Darden

Smith: The Silicon Valley Bank, or SVB, invested heavily in relatively “safe” assets, in that the investments had little or no likelihood of default. But the assets wouldn’t pay back for a long time, mostly 10 years or more. The bank also had long-dated assets. Once the run started, the FDIC had to step in and close the bank.

Banking 59
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Exclusive: Jim Collins on ‘Thriving In Chaos’

Chief Executive

More information > Ask a few hundred CEOs from nearly every industry in nearly every part of the country for the name of the most useful business book they’ve ever read—as we recently did—and one title tops the list, and overwhelmingly so: Good to Great by Jim Collins. Space is very limited, and we do expect to sell out. See more. ).