Clifford Chance

This is a recording taken from a March 2023 client webinar designed to provide a global perspective on the recent announcement that the FDIC would be placing Silicon Valley Bank (SVB) into receivership, the rescue of SVB's UK subsidiary by HSBC, and the liquidation of Silvergate Bank.

This is an evolving situation – as such, our global team shared an analysis of what led to these events, the impact across multiple jurisdictions for borrowers, depositors and creditors, wider market implications and what businesses need to prepare for in the coming weeks and months.

The content of this podcast does not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action.