The collapse of Silicon Valley Bank was as predictable and inescapable as the consequences of crossing a blackhole’s event horizon. There was literally zero chance that SVB could avoid failing. Why? Because there was literally no one at the helm. With one single exception, the entire executive management of the bank had no experience or training in Investment Banking. Their Chief Risk Officer was a “Woke” LGBTQXYZ+ activist.
Does anyone know how a layman figures out a bank debt-to-asset ratio? I know a lot of the financial docs will be online but I would think a good risk management team might be moving things around a bit and those reports are issued only quarterly, I believe. How you keep on top of that I have no clue. We're moving our money around so I did look at the board of directors line-ups. Some were laughably pathetic. Also, I figured out a bit about what's called the Pillar C documents.
Does anyone know how a layman figures out a bank debt-to-asset ratio? I know a lot of the financial docs will be online but I would think a good risk management team might be moving things around a bit and those reports are issued only quarterly, I believe. How you keep on top of that I have no clue. We're moving our money around so I did look at the board of directors line-ups. Some were laughably pathetic. Also, I figured out a bit about what's called the Pillar C documents.