March 13, 2023
Silicon Valley Bank: We’re Posting Resources in Our “Financial Institutions” Practice Area
We received a bunch of memos over the weekend on the Silicon Valley Bank situation, and we are posting those memos and other materials relating to SVB’s closure in our “Financial Institutions Practice Area.” There’s also a brief post on The Mentor Blog this morning about some of the 8-K filings that companies made on Friday concerning the situation.
Hopefully, the joint statement issued by the Fed, FDIC & Treasury last night that depositors will be made whole and have access to their money today will take the edge off the crisis that erupted late last week, but we’ll stay tuned and post additional resources when we receive them.
– John Jenkins