Clifford Chance

Global developments in relation to Silicon Valley Bank

Our webinar provides a global perspective from our multidisciplinary experts across banking, restructuring & insolvency, regulatory and technology on recent developments related to Friday's announcement that the FDIC would be placing Silicon Valley Bank (SVB) into receivership and Monday's rescue of SVB's UK subsidiary by HSBC, as well as the liquidation of Silvergate Bank earlier in the week.

During the webinar on Monday 13 March 2023 we heard from members of our team based in the US, UK, Europe, Middle East and APAC, who shared analysis of what led to this event, its impact across multiple jurisdictions for borrowers, depositors and creditors and what businesses need to keep in mind and prepare for over the coming weeks and months, as well as the wider market implications.