# News Coverage Highlights

##  News Coverage Highlights

## AUGUST

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### WEEK OF AUGUST 28

**American Banker**: Professor **Lawrence White** interview: “Should the Federal Home Loan Banks Become Public Benefit Corporations?”
[Read more](https://www.americanbanker.com/news/should-the-federal-home-loan-banks-become-public-benefit-corporations).

## JULY

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### WEEK OF JULY 31

**Fortune**: Recent commentary from Professor **Lawrence White** is highlighted: “After SVB’s Collapse, Trust in Traditional Banks Remains High. That’s a Problem For Neobanks Looking to Enter the Market.”
[Read more](https://fortune.com/2023/08/04/trust-in-traditional-banks-remains-high-poses-problem-for-neobanks/).

### WEEK OF JULY 24

**Morningstar**: Joint research from Professors **Alexi Savov** and **Philipp Schnabl** is cited; commentary from Professor **Nouriel Roubini** is highlighted: “Is Work-from-Home Threatening Commercial Real Estate and U.S. Banks?”
[Read more](https://www.morningstar.ca/ca/news/236937/is-work-from-home-threatening-commercial-real-estate-and-us-banks.aspx).

## JUNE

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### WEEK OF JUNE 12

**Daily Maverick**: Recent commentary from Professor **Kim Schoenholtz** is cited: “SEC Should Let Cryptocurrencies Burn Instead of Risking Inadvertently Endorsing Them.”
[Read more](https://www.dailymaverick.co.za/opinionista/2023-06-13-sec-should-let-cryptocurrencies-burn-instead-of-risking-inadvertently-endorsing-them/).

**Marketplace**: Professor **Alexi Savov** podcast interview: “Regional Banks Still Face Challenges After Bank Runs.”
[Read more](https://www.marketplace.org/2023/06/16/regional-banks-still-face-challenges-after-bank-runs/).

### WEEK OF JUNE 1

**The Blind Spot**: Professor **Bruce Tuckman** interview; co-authored research from **Professors Alexi Savov** and **Philipp Schnabl** is cited: “Error Alert! A Key Formula That Underpins Bank Stability May Be Acting Up (POLITICO).”
[Read more](https://the-blindspot.com/error-alert-a-key-formula-that-underpins-bank-stability-may-be-acting-up-politico/).

## MAY

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### WEEK OF MAY 22

**Commercial Observer**: Professor **Sam Chandan** interview: “Debt Default Could Prove Catastrophic for Commercial Real Estate: Here’s Why.”
[Read more](https://commercialobserver.com/2023/05/debt-default-prove-catastrophic-commercial-real-estate-heres-why/).

**Financial Times**: Co-authored research from Professor **Viral Acharya** is cited: “Beware of European Gloating Over the US Banking Mess.”
[Read more](https://www.ft.com/content/a35f5243-0ac8-4787-aa74-15bf22374adc).

**Reuters**: Research from Professor **Philipp Schnabl** is cited: “'Soft Landing' Narrative Takes Shape in Post-Pandemic US Economy.”
[Read more](https://www.reuters.com/markets/us/soft-landing-narrative-takes-shape-post-pandemic-us-economy-2023-05-18/).

### WEEK OF MAY 1

**Bloomberg**: Professor **Philipp Schnabl** interview: “Wall Street Is Betting the Regional Bank Crisis Isn’t Over Yet.”
[Read more](https://www.bloomberg.com/news/articles/2023-05-03/wall-street-is-betting-the-regional-bank-crisis-isn-t-over-yet?sref=hrNdYzGt).

**Commercial Observer**: Professor **Sam Chandan** interview: “Fed Signals End to Rate Hike Cycle Following 10th Straight Increase.”
[Read more](https://commercialobserver.com/2023/05/fed-signals-end-rate-hike-cycle/).

**Financial Times**: Professor **Richard Sylla** interview: “JPMorgan: The Bank that Never Lets a Crisis Go To Waste.”
[Read more](https://www.ft.com/content/af7e2188-097c-48d1-bde0-bdee30021931?FTCamp=engage/CAPI/website/Channel_muckrack//B2B).

**Inc**: Adjunct Professor **Jeffrey Carr** interview: “What First Republic's Collapse Means for Startup Lending.”
[Read more](https://www.inc.com/diana-ransom/what-first-republics-collapse-means-for-startup-lending.html).

**Mint**: Professor **Aswath Damodaran** interview: “More Dominos are Waiting to Fall: Aswath Damodaran on US Banking Sector.”
[Read more](https://www.livemint.com/market/stock-market-news/there-will-be-other-dominos-that-fall-aswath-damodaran-on-us-banking-sector-11683422989352.html).

## APRIL

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### Week of April 25

**The New York Times**: Professor **Aswath Damodaran** interview: “First Republic Bank Enters New Free Fall as Concerns Mount.”
[Read more](https://www.nytimes.com/2023/04/25/business/first-republic-bank-stock-price.html).

**The Washington Post**: Professor **Lawrence White** interview: “Shares of First Republic Sink, as Banking Industry Woes Flare Anew.”
[Read more](https://www.washingtonpost.com/business/2023/04/26/first-republic-bank/).

### Week of April 17

**Financial Times**: Professor **Arpit Gupta** interview: “The Opacity of CRE.”
[Read more](https://www.ft.com/content/560d61c2-0d69-4b16-a3b4-b0ba1fde145a).

**Financial Times**: Joint research from Professors **Cecilia Parlatore** and **Anthony Saunders** as well as joint research from Professors **Alexi Savov**, **Philipp Schnabl**, and **Olivier Wang** are featured: "A Hat-Trick of Genuinely Interesting Papers Relevant to the Banking Mess."
[Read more](https://www.ft.com/content/adb0ca9e-010b-4861-a2b5-ec0e30916956).

### Week of April 10

**The Arizona Republic**: Commentary from Professor **Thomas Philippon** is highlighted: “Should Depositors Get More FDIC Protection? What To Know About the Debate on Bank Insurance Limits.”
[Read more](https://www.azcentral.com/story/money/business/economy/2023/04/16/bank-failures-raise-question-of-whether-to-raise-fdic-insurance-levels/70097394007/).

**BBC**: Professor **Alexi Savov** interview: “U.S. Savers Get Savvy Ditching and Switching Banks.”
[Read more](https://www.bbc.com/news/business-65180130).

**Business Today**: Professor **Aswath Damodaran** interview: “Aswath Damodaran Thinks Perception Is Everything, And for Banks Even More So.”
[Read more](https://www.businesstoday.in/magazine/interview/story/aswath-damodaran-thinks-perception-is-everything-and-for-banks-even-more-so-377302-2023-04-13).

**Financial Times**: Recent commentary from Professor **Viral Acharya** is referenced: “After the Easy Money: A Giant Stress Test for the Financial System.”
[Read more](https://www.ft.com/content/7b5143e0-7e11-4e42-9f37-a9f1d1a0b6d8).

**Yahoo Finance**: Professor **Nouriel Roubini** video interview: “Economist Nouriel Roubini Says 'Severe Banking Stress Is Still Ahead.’”
[Read more](https://twitter.com/YahooFinance/status/1646287580147908609).

### Week of April 3

**Financial Times**: Professor **Richard Berne**r interview: “Options Trading Surges as Investors Brace Themselves for U.S. Regional Bank Volatility.”
[Read more](https://www.ft.com/content/ee898740-52d7-4617-94dc-8addbecb86d8).

**Financial Times**: Professor **Lawrence White** commentary is highlighted: “What I Learnt From Three Banking Crises.”
[Read more](https://www.ft.com/content/b0865633-82f2-4a49-ae0e-3bc0d1087a31?FTCamp=engage/CAPI/website/Channel_muckrack//B2B).

## MARCH

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### Week of March 27

**Bloomberg**: Professor **Stephen Ryan** interview: “Schwab’s $7 Trillion Empire Built on Low Rates Is Showing Cracks.”
[Read more](https://www.bloomberg.com/news/articles/2023-03-27/schwab-s-7-trillion-empire-built-on-low-rates-is-showing-cracks).

**Global Finance Magazine**: Professor **Edward Altman** interview: “Bankruptcy’s Roaring Return."
[Read more](https://www.gfmag.com/magazine/april-2023/bankruptcy-roaring-return).

**Investir.ch**: Professor **Nicholas Economides** interview: “SVB, Signature Bank and Credit Suisse: Why the Worst Need Not Be Feared.”
[Read more](https://www.investir.ch/article/svb-signature-bank-et-credit-suisse-pourquoi-le-pire-nest-pas-forcement-a-craindre/).

**The Manilla Times**: Commentary from Professor **Thomas Philippon** is cited: “Beware the Contagion.”
[Read more](https://www.manilatimes.net/2023/03/30/campus-press/beware-the-contagion/1884977).

**Marketplace**: Professor **David Yermack** interview: “Has the Banking Crisis Been a Boon for Crypto?”
[Read more](https://www.marketplace.org/2023/04/03/has-the-banking-crisis-been-a-boon-for-crypto/).

**Money.com**: Recent commentary from Professor **Aswath Damodaran** is mentioned: “This 'Incredibly Scary' Sector of the Stock Market Could Be a Big Winner for Investors.”
[Read more](https://money.com/why-buy-bank-stocks-now/).

**The New York Times**: Joint research from Professors **Alexi Savov** and **Philipp Schnabl** is highlighted: “The Fed Is Doing Too Much, All at Once.”
[Read more](https://www.nytimes.com/2023/03/31/business/federal-reserve-inflation-banks.html).

**The Real Deal**: Professor **Sam Chandan** podcast interview: “From The '90s to Now: Making Sense of CRE's Downtown.”
[Read more](https://podcasts.apple.com/us/podcast/from-the-90s-to-now-making-sense-of-cres-downtown/id1585684641?i=1000606077938).

**The Wall Street Journal**: Commentary from Professor **Lawrence White** is cited: “In Today’s Banking Crisis, Echoes of the ’80s.”
[Read more](https://www.wsj.com/articles/in-todays-banking-crisis-echoes-of-the-80s-thrift-delayed-recognition-risk-taking-deposit-insurance-svb-signature-cfdd2b37).

### Week of March 20

**Bloomberg**: Research from Professor **Edward Altman** is referenced: “Behind the Banking Crisis, An Era of Easy Money’s End.”
[Read more](https://www.bloomberg.com/professional/blog/behind-the-banking-crisis-an-era-of-easy-moneys-end/).

**Bloomberg Wall Street Work Podcast**: Professor **Arun Sundararajan** podcast interview: “Wall Street Week March 24th, 2023.”
[Read more](https://www.bloomberg.com/news/audio/2023-03-24/bloomberg-wall-street-week-march-24th-2023).

**CNBC**: Professor **Aswath Damodaran** video interview: “Damodaran on SVB Collapse.”
[Read more](https://twitter.com/StreetSignsCNBC/status/1638383189499564033).

**The Economist**: Professor **Richard Berner** podcast interview: “From Silicon Valley to the Alps: A Banking Crisis Spreads.”
[Read more](https://www.economist.com/podcasts/2023/03/23/from-silicon-valley-to-the-alps-a-banking-crisis-spreads).

**The Economist**: Commentary from Professor **Thomas Philippon** is spotlighted: “How Much Longer Will America’s Regional Banks Hold Up?”
[Read more](https://www.economist.com/finance-and-economics/2023/03/23/how-much-longer-will-americas-regional-banks-hold-up).

**Financial Times**: Professor **Stephen Ryan** interview: “Silicon Valley Bank Losses Embolden Calls for U.S. Accounting Rule Reform.”
[Read more](https://www.ft.com/content/10cfba27-a63c-4263-b958-61753b32f151?FTCamp=engage/CAPI/website/Channel_muckrack//B2B).

**Handelsblatt**: Recent commentary from Professor **Nouriel Roubini** is highlighted: “The U.S. Federal Reserve Has Unsettled Investors With Its Latest Move.”
[Read more](https://www.handelsblatt.com/finanzen/geldpolitik/geldpolitik-die-us-notenbank-verunsichert-mit-ihrem-neuesten-schritt-die-anleger/29055734.html).

**The Journalist’s Resource**: Joint research from Professors **Matthew Richardson**, **Kim Schoenholtz** and **Lawrence White** is featured: “Silicon Valley Bank and Deregulation: A Research-Based Explainer.”
[Read more](https://journalistsresource.org/economics/silicon-valley-bank-deregulation-interest-rates/).

**The New York Times**: Professor **Philipp Schnabl** interview, referencing co-authored research with Professor **Alexi Savov**: “Banking Crisis Hangs Over Economy, Rekindling Recession Fear.”
[Read more](https://www.nytimes.com/2023/03/17/business/economy/economy-banks-recession.html).

### Week of March 13

**ABC News**: Professor **David Yermack** interview: “Experts Call Cryptocurrency a 'Bystander' in SVB, Signature Bank Collapses.”
[Read more](https://abcnews.go.com/Business/experts-call-cryptocurrency-bystander-svb-signature-bank-collapses/story?id=97853623).

**BNN Bloomberg**: Professor **Nouriel Roubini** video interview: “Dangerous Moment For U.S. Banking System.”
[Read more](https://www.bnnbloomberg.ca/investing/video/dangerous-moment-for-u-s-banking-system-once-a-small-bank-fails-there-are-systemic-consequences~2648770).

**CBS News**: Professor **Scott Galloway** video interview: “Do We Have Two Americas in Silicon Valley?”
[Read more](https://twitter.com/FaceTheNation/status/1637499940439040004).

**CGTN America**: Professor **Nicholas Economides** video interview: “Global Business: SVB Hits Credit Suisse.”
[Read more](https://www.youtube.com/watch?v=m8owWVjY9qo).

**CGTN America**: Professor **Joseph Foudy** video interview: “Silicon Valley Bank Collapse May Affect Chinese Startups.”
[Read more](https://america.cgtn.com/2023/03/15/silicon-valley-bank-collapse-may-affect-chinese-startups).

**CNN**: Professor **Matthew Richardson** interview: “The Facts on Trump’s 2018 Loosening of Regulations on Banks Like SVB.”
[Read more](https://www.cnn.com/2023/03/14/politics/facts-on-trump-2018-banking-deregulation/index.html).

**Commercial Observer**: Professor **Sam Chandan** interview: “Why the Spotlight on First Republic? Bank’s Exposure to Tech, CRE Causes Concern.”
[Read more](https://commercialobserver.com/2023/03/why-spotlight-first-republic-banks-exposure-tech-cre-causes-concern/).

**E&E News**: Professor **Richard Berner** interview: “Bank’s Implosion Puts Climate Tech Companies on Edge.”
[Read more](https://www.eenews.net/articles/banks-implosion-puts-climate-tech-companies-on-edge/).

**Los Angeles Times**: Professor **Lawrence White** interview: “Did Deregulation Lead to Silicon Valley Bank’s Collapse?”
[Read more](https://www.latimes.com/politics/story/2023-03-14/did-deregulation-lead-to-silicon-valley-banks-collapse).

**Marketplace**: Professor **Marti Subrahmanyam** interview: “What Is ‘Duration Risk’?”
[Read more](https://www.marketplace.org/2023/03/16/duration-risk-got-silicon-valley-bank-into-trouble/).

**Markets Insider**: Professor **Nouriel Roubini** commentary is referenced: “Silicon Valley Bank's just suffered the worst financial meltdown in 15 years. Here's what you should know, and what A-list market minds are saying.”
[Read more](https://markets.businessinsider.com/news/stocks/silicon-valley-bank-svb-live-blog-fed-fdic-bailout-experts-2023-3#nouriel-roubini-says-the-fed-might-hold-off-on-hiking-interest-rates-32).

**The New York Times**: Joint research from Professors **Alexi Savov** and **Philipp Schnabl** is featured: “Low Rates Were Meant to Last. Without Them, Finance Is In for a Rough Ride.”
[Read more](https://www.nytimes.com/2023/03/16/business/economy/interest-rates-silicon-valley-bank.html).

**NPR**: Professor **Matthew Richardson** interview: “Bank Stocks Continued to Fall Monday Despite President Biden's Assurances.”
[Read more](https://www.npr.org/2023/03/13/1163164121/bank-stocks-continued-to-fall-monday-despite-president-bidens-assurances).

**NPR**: Commentary from Professor **Scott Galloway** is cited: “The White House Is Avoiding One Word When It Comes to Silicon Valley Bank: Bailout.”
[Read more](https://www.npr.org/2023/03/13/1163180140/silicon-valley-bank-is-it-a-bailout-barofsky).

**Politico**: Professor **Richard Berner** interview: “Bank Collapse Throws a Chill Over Clean Energy Industry.”
[Read more](https://www.politico.com/news/2023/03/14/svb-implosion-climate-tech-on-edge-00086890).

**The Washington Post**: Commentary from Professor **Kim Schoenholtz** is referenced: “The Fed Can’t Abandon the Inflation Fight, Despite Bank Turmoil.”
[Read more](https://www.washingtonpost.com/opinions/2023/03/14/silicon-valley-bank-fed-inflation/).

**The Washington Post**: Professor **Tensie Whelan** interview: “GOP Blames Silicon Valley Bank’s Collapse on ‘ESG’ Policies. Here’s What to Know.”
[Read more](https://www.washingtonpost.com/business/2023/03/14/svb-esg-woke-investing/).