NYU Stern Faculty: Insights, Implications, and Impact of the 2023 Banking Crisis
SVB and Beyond: The Banking Stress of 2023
In the aftermath of the failures of Silicon Valley Bank (SVB), Signature Bank, First Republic Bank, and of the depositor runs on other midsized banks, 10 leading accounting, economics, and finance scholars from NYU Stern and external collaborators develop an organized framework for analyzing this episode and diagnosing the frailties that led to it. They also make recommendations to strengthen the banking system and to safeguard financial stability going forward.