Within the last week, two banks were shuttered after an insolvency scare at Silicon Valley Bank, prompting a run by depositors. Were you impacted by this crisis? Are you worried you might be?

 

In this episode of CEO Perspectives, Dana Peterson, Chief Economist, and Erin McLaughlin, Senior Economist, both of The Conference Board, discuss what happened and what it means for CEOs.

• What happened within the banking industry this last week and how was the crisis addressed?
• What made this bank run different from previous ones?
• How can CEOs outside of the financial sector protect their assets and clients?
• What is the risk of contagion?
• How does this banking crisis affect the likelihood of a recession?