Lessons From the Collapse of SVB: Root Causes and Takeaways for Risk Managers

Financial institution risk expert David Gibbons will explain the many factors that led to Silicon Valley Bank’s collapse. You will learn how to avoid the same pitfalls.

What You Will Learn

What caused Silicon Valley Bank to collapse?
What decisions did SVB make long ago that led to this point?
What actions in the week leading to the collapse exacerbated the situation?
How did technical factors play a role in SVB’s crash?
Does your institution face the same risks as SVB?
What are the biggest long-term lessons from this incident?
What steps should you take immediately to keep your institution solvent?
Will regulators assess risk differently in light of the SVB collapse?

Training Overview

Learn how to avoid SVB’s fatal risks.

A Wall Street Journal article described the rapid demise of Silicon Valley Bank: “The bank was in sound financial condition on Wednesday…A day later, it was insolvent.” On March 10, the FDIC took over.

Although the crash happened quickly, decisions that SVB executives made years, months, and days before led to this event. You need to understand what went wrong so that your institution may avoid similar outcomes.

What caused Silicon Valley Bank to collapse?
What decisions did SVB make long ago that led to this point?
What actions in the week leading to the collapse exacerbated the situation?
How did technical factors play a role in SVB’s crash?
Does your institution face the same risks as SVB?
What are the biggest long-term lessons from this incident?
What steps should you take immediately to keep your institution solvent?
Will regulators assess risk differently in light of the SVB collapse?

Who Should Attend?

Bank and credit union CEOs
Board members
Risk and compliance committee members
Risk and compliance executives and officers
Risk and compliance team members
Compliance attorneys
Bank or financial institution officers and managers
Executive directors
Business unit and department managers
General counsel
Auditors

Expert Presenter

David D. Gibbons

Accomplished financial services executive with public and private sector experience as a senior bank regulator, a practicing Chief Risk Officer, a financial services consultant, and a testifying expert
Over forty years experience in banking and bank regulation
Widely recognized as a leader and expert in matters relating to bank supervision, regulatory relations and troubled institution remediation, enterprise-wide risk management (ERM), and credit and compliance risk management activities
Previously Managing Director for Enterprise Risk at Alvarez and Marsal and Managing Director and Practice Coordinator for Enforcement Advisory and Credit Risk Services at Promontory Financial Group
Served as Chief Risk Officer for HSBC Holdings for North America
Chaired the Enterprise Risk Management Group of the American Bankers Association and the Chief Risk Officer Roundtable of the Risk Management Association
Held senior supervision and policy positions for the Office of the Comptroller of the Currency (OCC) for 27 years, including as Deputy Comptroller for Credit Risk and Deputy Comptroller of the Currency for Special Supervision (troubled institutions)
Managed troubled bank rehabilitation and resolutions in the National Banking System and led the loss-free resolutions of several of the largest, most complex troubled institutions
Bachelor of Science degree in economics and finance from Alfred University in Alfred, New York