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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. However, the evidence was inconclusive so their strategy continued unchanged.

Banking 98
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Drones & Airports

Plan B Consulting

Kev Brear also commented that “hindsight bias often appears in risk management discussions and I submit that this incident has the potential to be coloured by that aspect”. As a result, there seemed to be no consensus on how to mitigate the threat.

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Drones & Airports

Plan B Consulting

Kev Brear also commented that “hindsight bias often appears in risk management discussions and I submit that this incident has the potential to be coloured by that aspect”. As a result, there seemed to be no consensus on how to mitigate the threat.