Editorial: What Bay Area banks can learn from SVB, First Republic failures

Editorial: What Bay Area banks can learn from SVB, First Republic failures

a year ago
Anonymous $KxGqLmj_R3

https://www.siliconvalley.com/2023/05/03/editorial-what-bay-area-can-learn-from-bank-failures/

Unbridled optimism is an essential quality for Bay Area entrepreneurs. For its bankers, not so much.

That’s the hard lesson from the collapse of two of the Bay Area’s premier regional banking institutions: San Francisco’s First Republic Bank and Santa Clara’s Silicon Valley Bank.