Anne Glover, CEO and co-founder of Amadeus Capital Ltd USA stated that the Silicon Valley Bank (SVB)
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Question:
Anne Glover, CEO and co-founder of Amadeus Capital Ltd USA stated that the Silicon Valley Bank (SVB) crisis was caused by "utterly irresponsible" practices by SVB and its management namely, taking short-term deposits from venture capitalists (VCs) and investing them in long-maturity debt and not hedging the interest rates".
a) Using the enterprise risk management framework, discuss how other banks can mitigate against this type of crisis in the future. (6-Marks).
b) How can SVB implement Top-Down and Bottom-Up enterprise risk management approaches in managing its risk? - (2-Marks).
Related Book For
Business Ethics A Stakeholder And Issues Management Approach
ISBN: 9781523091546
7th Edition
Authors: Joseph W. Weiss
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