Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 7th International Conference on Economic Management and Green Development
Series Vol. 38 , 10 November 2023
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Inspiration and Lessons Learned from the Silicon Valley Bank Collapse
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Abstract
The article examines the reasons for the collapse of the Silicon Valley Bank by analyzing a number of articles from the same period. In discussing the causes of failure the article focuses on the allocation of its own resources and the types of bank customers. Through a combination of internal and external discussions, some recommendations on asset allocation and customer selection can be given to future banks in similar situations. This article argues that it is essential for the bank's top management to use foresight and keen analysis when making decisions. In terms of customer base, a diversified customer base can hedge many risks. This is one of the innovative aspects of this paper, preventing problems caused by external factors by changing internal factors. In addition to this, banking institutions need to have a study of investments, and an analysis of national policies is also essential, especially in these particular circumstances.
Keywords
decision-making, banking crises, Silicon Valley Bank
References
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3. Vo, L. V. & Le, H. T. T. (2023) From Hero to Zero - The Case of Silicon Valley Bank. https://papers.ssrn.com/abstract=4394553
4. Why did Silicon Valley Bank fail? (2023, March 10). Retrieved from https://www.theguardian.com/us-news/2023/mar/10/silicon-valley-bank-collapse-explainer
5. Feds see bank chiefs and themselves at fault for Silicon Valley bank collapse. (2023, April 29). Retrieved from https://www.voachinese.com/a/fed-faults-silicon-valley-bank-execs-itself-in-bank-failure-20230429/7071534.html
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8. Hewlett, C. V. (2023) In re Silicon Valley Bank: Order taking possession of property and business. https://dfpi.ca.gov/wp-content/uploads/sites/337/2023/03/DFPI-Orders-Silicon-Valley-Bank-03102023.pdf
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 7th International Conference on Economic Management and Green Development
- ISBN (Print)
- 978-1-83558-097-4
- ISBN (Online)
- 978-1-83558-098-1
- Published Date
- 10 November 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/38/20231880
- Copyright
- 10 November 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited