E49: Silicon Valley Bank: A risk management nightmare? - podcast episode cover

E49: Silicon Valley Bank: A risk management nightmare?

Mar 14, 202332 minSeason 2Ep. 49
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Episode description

In this episode, we'll take a closer look at the collapse of Silicon Valley Bank (SVB), one of the biggest US bank runs in over a decade.


We'll examine how the bank's risk management may have been the leading cause of its downfall and get an exclusive perspective from Marcus Mølleskov, Chief Risk & Compliance Officer at Januar and Simon Taylor, Head of Strategy at Sardine.ai


Tune in as we untangle the complexities of this case and find out what lessons can be learned.


From this episode, you'll learn.


00:00 - 08:01: What happened?


08:01 - 11:30: Why the SVB collapse is an outlier.


11:30 - 15:33: SVB had no official Chief Risk Officer for eight months. How has this potentially affected this?


15:33 - 26:13: How will other banks address risk management in the wake of the SVB collapse?


26:13 - 28:39: How will it affect the importance of KYC and customer due diligence for other financial institutions?


28:39 - 31:46: What can we expect of new government regulations after this?

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