Lessons learnt from Silicon Valley Bank UK – what lies ahead for bank recovery and resolution?
The resolution of Silicon Valley Bank UK Limited (SVBUK) was the first time since 2009 that the Bank of England put a bank into resolution. As the dust settles, regulators and the market are assessing the meaning of this resolution for financial services regulation.
In this short video, our resolution specialists Edward Chan, Bobby Butcher and Elli Karaindrou lift the bonnet on SVBUK, the resolution weekend and what this might mean for UK resolution and the regulation of smaller banks in the future.