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18 Apr 2023
19m

Two Executives On What It's Like to Stop a Bank Run

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The Journal.

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This podcast episode explores the dramatic events surrounding the collapse of Silicon Valley Bank and Signature Bank, the largest bank failures since the 2008 financial crisis. Former bank CEOs Tim Mayopoulos and Greg Carmichael were called upon by the FDIC to lead bridge banks during the crisis. They faced extraordinary challenges, including bank runs, employee concerns, and operational issues. Their firsthand accounts provide valuable insights into the complexities of banking and the importance of leadership, expertise, and resilience in navigating such critical situations.
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