On March 10, the California Department of Financial Protection and Innovation closed Silicon Valley Bank and appointed the Federal Deposit Insurance Corporation (FDIC) as its receiver. Silicon Valley Bank had 17 branches in...more
Environmental, social, and governance (ESG) matters have become a focal point for investors and regulators. For financial institutions, and other companies, climate risk has become a key component, and an increasingly...more
The Great Recession and the Dodd-Frank Act led to increased regulatory controls on banks. Banks have performed with strength during the early days of the COVID-19 crisis, a testament to the success of the protections imposed...more