Re:FDIC Takes over Silicon Valley Bank
by renewiltord on Friday March 10, 2023 @01:23PM
(#35098650)
True. It looks like they mostly just made poor decisions in their most recent allocations. Unfortunate.
Mostly, though, all this talk about them like they're a neobank is because everyone appears to think they are one.
Their risk management might have overeindexed on the post recession era but the bank itself lasted through some pretty wild rate shocks.