“The recent failure of Silicon Valley Bank and the shutdown of Signature Bank of New York has sparked fears of a wider financial meltdown. Both are ranked among the top 30 U.S. banks by assets, but they are far smaller than the country’s biggest financial institutions, which measure their assets in the trillions.” (via The Washington Post)
GW faculty experts are available to offer insight, commentary and analysis on the ongoing fallout of Silicon Valley Bank’s collapse. If you would like to speak with an expert, please contact GW Media Relations at [email protected].
Robert Van Order holds the Oliver Carr Chair in Real Estate at the George Washington University and is the co-chair of the Department of Finance as well as a professor of finance and economics. He was chief economist of Freddie Mac from 1987 until 2002. His expertise includes financial markets, default risk, and the housing market.
Pao-Lin Tien, assistant professor of economics, is an expert on macroeconomics who specializes in international economics, monetary economics, business cycle fluctuations, and forecasting. She can explain the potential effects of SVB’s failure on the U.S. financial system and the economy at large.