May 4, 2023 – SVB, at the time the 16th-largest bank in the U.S., experienced a bank run on March 10, resulting in the institution’s collapse. This was preceded and followed by bank failures and emergency acquisitions. Despite the challenges of discerning the immediate causes of this crisis, financial institutions are in the process of thinking through their own vulnerabilities and are preparing for what comes next in a turbulent economic environment that entails unforeseen risks, potential regulatory shifts, and a weary business clientele.

This report assesses the short-, medium-, and long-term implications of the regional banking crisis to assist banks and vendors seeking to shore up confidence, take advantage of market opportunities, and strategically prepare for further disruptions in the financial sector. It is based on Aite-Novarica Group’s extensive existing knowledge base and research across the banking and payments space, and is supported by peer review across advisor teams as well as conversations with industry stakeholders.

Clients of Aite-Novarica Group’s Commercial Banking & Payments service can download this report and the corresponding charts.

This report mentions Amazon, Amazon Web Services, Brex, Credit Suisse, First Republic Bank, JPMorgan Chase, Mercury, Meta, Signature Bank, Silicon Valley Bank, Silvergate, UBS, UMB, and WebBank.