Editorial: What Bay Area banks can learn from SVB, First Republic failures
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.
Editorial: What Bay Area banks can learn from SVB, First Republic failures
May 3, 2023, 1:16pm UTC
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.