Silicon Valley Bank Inter Alia

Interest rate risk, reliance on an undiversified group of uninsured depositors, social media and mobile banking all played important roles in the failures of SVB and other regional banks during the spring of 2023. But weak bank supervision was also a common factor across these failures, as it was during the Global Financial Crisis. This essay identifies several specific ways in which more effective bank supervision could have prevented recent bank failures or mitigated their severity and contagi