A Quick Take on a Sudden Change in the Banking Landscape

A lot of ink has been spilled in the last 72 hours regarding the historic developments involving Silicon Valley Bank and Signature Bank. Our quick summary of the facts and law is below. Cadwalader will continue to monitor these developments closely and will update you with additional insights.

Filed under:
USA, Banking, Insolvency & Restructuring, Cadwalader Wickersham & Taft LLP, Insolvency, Federal Deposit Insurance Corporation (USA), HM Treasury (UK), HSBC, Bank of England, Prudential Regulation Authority (UK), Banking Act 2009 (UK)
Authors:
Ingrid Bagby , Brian Foster , Jason M. Halper , Ellen Holloman , Michele C. Maman , Bevis Metcalfe , Jared Stanisci
Location:
USA
Firm:
Cadwalader Wickersham & Taft LLP