Remove 2008 Remove Corporate Governance Remove Pandemic Remove Vulnerability
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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC

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Silicon Valley Bank (SVB) Failures in Risk Management: Why ERM vs GRC By Steven Minsky | May 5, 2023 Silicon Valley Bank (SVB) was closed by regulators and reminded us of the recession associated with Lehman Brothers and Washington Mutual Bank in 2008. Some are quick to conclude rising interest rates and COVID-driven disruptions are to blame.

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Looking Around the Corner: Why ESG Has Never Been More Important

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After the 2008 recession, people lost trust in large corporations. These regulations raised the standard for good governance: a key vector of ESG. Much like the economic crash that took place 14 years ago, the COVID-19 pandemic shot up a flare that illuminated new risks and opportunities on the ground.