Latest articles from The Banking Saga

A shipwreck on a beach during sunset

The failures of the bank resolution framework

April 5, 2023

Regulators’ murky, undefined ‘point of non-viability’ has led to instability.

SVB logo on building facade.

Do tech start-ups need their own bank?

March 30, 2023

Collapsed firms Silicon Valley Bank and Silvergate Capital catered to the specific financing needs of tech start-ups and crypto firms. Who understands their needs now?

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Will AT1 bond issuance become more difficult?

March 28, 2023

Finma’s treatment of Credit Suisse’s AT1 bonds shocked the market. Will this action have a lasting effect on the European banking sector?

Several stacks of bronze-coloured coins.

AT1s face an uncertain future

March 28, 2023

The chaos that ensued from the AT1 wipeout at Credit Suisse’s point of failure has raised questions about the future of the asset class.

The Credit Suisse logo on the side of a building, with a clock in the foreground.

Credit Suisse: How did we get here?

March 24, 2023

Credit Suisse had bumper years, particularly during the dotcom boom, and it weathered the 2008 financial crisis reasonably better than UBS. But trouble was never far from the bank’s door. 

Logo of the Federal Deposit Insurance Corp. building in Washington, DC.

SVB: US regulators have generated “a moral hazard”

March 24, 2023

While the collapse of SVB might have been predictable, what was surprising was the US regulators’ response and the precedent it sets.

The UBS and Credit Suisse logos over a share prices graph.

Is the UBS/Credit Suisse deal enough to protect Europe from US bank contagion?

March 23, 2023

The sale of Credit Suisse to UBS may have preserved market stability for now, but economists warn we are not out of the woods yet. 

The Silicon Valley Bank logo on a smartphone screen.

SVB: Regulatory implications for UK banks

March 22, 2023

Jonathan Chertkow, part of the Hogan Lovells SVB Task Force, recounts the events of the collapse and examines the performance of UK banking regulation.

The First Republic Bank logo on a phone screen in the foreground, with the SVB logo in the background.

SVB fear unfolds in US banking sector

March 21, 2023

Is the ‘one off’ First Republic rescue enough to quell fears in the US banking system? 

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Will UBS’s takeover of Credit Suisse forge a Swiss titan?

March 21, 2023

Sealing the merger deal of the two biggest banks in Switzerland of a weekend is an impressive feat. But the hardest part is yet to come, as the pain of integration begins.

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