Silicon Valley Bank - the regulatory response, the political fallout and what it means for policy

The Global Counsel Podcast

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1+ y ago 30:15

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This is a preview of Top in Tech, Global Counsel's weekly technology policy podcast. Subscribe today to immediately receive new episodes of 'Top in Tech' on your favourite podcast platform, including Apple Podcasts and Spotify.

The collapse of Silicon Valley Bank has unleashed global concern over the health of the banking sector and triggered newfound worries about the strength of the tech industry. Regulators in the US have taken dramatic action to secure deposits in the bank. In the UK, HSBC has assumed control over the firm's UK unit in a rescue deal facilitated by the government.

This week on the show, Conan D'Arcy is joined by Senior Associate Max Mandich, who covers markets for our Washington DC office and was previously an FS policy adviser on Capitol Hill. Conan and Max discuss the factors that led to SVB's collapse, what this failure says about the state of the tech sector, possible responses from lawmakers, and what international implications the situation holds.

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