In the Press
July 6, 2023

The Redemption Of 'Too Big To Fail' After SVB Collapse (Law360)

In the weeks following the March failure of Silicon Valley Bank, depositors throughout the country asked, "Is my money safe?" In a flight to perceived safety, depositors moved their money to banks they deemed "too big to fail." In the Great Recession, popular opinion was generally quite negative toward institutions seen as TBTF. Now those same institutions are seen as safe havens. What can we learn from the redemption of TBTF? Financial Services counsel Christine Docherty explains more in Law360.