Implications and Aftermath of the Silicon Valley Bank

The rapid downfall of Silicon Valley Bank (SVB) set off a wave of uncertainty and fear in the markets. Actions have been taken to provide relief for SVB depositors and the global markets, including the FDIC taking control of the bank. Although SVB was unique, the potential ripple effects both to the economy and the banking sector are meaningful. 

To further understand the implications of the SVB failure, the BMO Equity Research financials team hosted a call with former FDIC Chair Sheila Bair. The panel of experts discussed the fallout and what can be expected going forward.