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).

Answer rating: 100% (QA)

a Mitigating against the type of crisis described by Anne Glover can be achieved through the implementation of various measures within the enterprise risk management framework Here are some key steps ... View the full answer