FIG in Focus is a collection of topical insight pieces from Adeva Partners. In this edition we focus on the Silicon Valley Bank Failure.
The failure of Silicon Valley Bank left many asking how a bank which a few weeks before had reported exemplary asset quality, strong capital ratios, and an apparently highly liquid balance sheet could fail so spectacularly.
Adeva Risk Specialist Andy Berry looked at SVB’s December 2022 annual report (10-K) and found some familiar themes with a couple of new twists.