Episode 154: What We Can Learn from the Silicon Valley Bank Failure and Leadership in Risk Management

The Silicon Valley Bank failure sent a strong ripple effect through the financials of several prominent companies, and instilled some fear that other banks might fail as well. In this episode, we’re joined by Chris Holmes, the co-founder and CEO of RiskVersity, to explain what happened with SVB, where we’re still feeling the effects, and what you need to know to protect yourself.

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Some of the key takeaways include: 

• The Silicon Valley Bank failure is still having a ripple effect that affected small regional banks, but is now impacting systemically important banks (AKA banks that are “too big to fail”), showing that risk exists for all institutions.

• Another ramification we might see is an impact on commercial real estate. Properties like strip malls and apartment complexes could see mortgage rates see exponential increases that will make already rising rental rates even less affordable.

• Two numbers you should always pay attention to are your assets and liabilities. If you see the assets of your bank decrease while liabilities increase, it could be a sign they’re in trouble.

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Vanessa Mathews, host

Vanessa Mathews is the founder and chief resilience officer of Asfalis Advisors, where they are focused on protecting the legacy of the leaders they serve through business resilience. Before becoming an entrepreneur, Mathews developed global crisis management and business continuity programs for government and private sector organizations to include Lowe’s Companies, Gulfstream Aerospace, and the Department of Homeland Security.

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Jon Seals, producer

Jon Seals is the editor in chief at Disaster Recovery Journal, the leading magazine/event in business continuity. Seals is an award-winning journalist with a background in publication design, business media, content management, sports journalism, social media, and podcasting.

KEYWORDS: Silicon Valley Bank, bank failure, bank bailout, risk leadership, risk management, interest rates, commercial real estate, leadership development