Could Another Silicon Valley Bank Collapse Happen Today?

This article was originally featured on Globe St. and can be found on their website here. (note: subscription may be required to view article)

 

Javier Palomarez, President & CEO of the United States Hispanic Business Council, is featured in a recent GlobeSt.com discussing the ongoing risks in America’s banking system, following the high-profile collapse of Silicon Valley Bank (SVB).

In the article Palomarez challenges that regulations alone can’t prevent collapses if banks continue to make risky choices. Palomarez argues another SVB style failure would likely result from malpractice and irresponsible strategy, not weak oversight.


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To read more visit the original article on GlobeSt.com (note: subscription may be required).

At the USHBC, we remain committed to advocating for policies that empower Hispanic business owners and contribute to the strength of the American economy. We encourage you to stay informed on issues that impact our business community and to join us in supporting smart, sustainable economic policies.

 
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