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

UVA Darden

The federal takeover has fueled fear among some that the failures are precursors to something akin to the Great Recession, when 450 banks failed between 2008 and 2012. Q: What led to the takeovers of Silicon Valley Bank in California and Signature Bank in New York? The bank also had long-dated assets.

Banking 52
article thumbnail

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

UVA Darden

The federal takeover has fueled fear among some that the failures are precursors to something akin to the Great Recession, when 450 banks failed between 2008 and 2012. Q: What led to the takeovers of Silicon Valley Bank in California and Signature Bank in New York? The bank also had long-dated assets.

Banking 59