Retroactive predictability of 2023’s Black Swan: SVB’s risk mismatch in 10 graphs
nextbigteng.substack.com
Uncover the risk spiral within SVB’s balance sheet, specifically concentration risk in the liability book & duration risk in the asset book, which ultimately was a recipe for disaster
Retroactive predictability of 2023’s Black Swan: SVB’s risk mismatch in 10 graphs
Retroactive predictability of 2023’s Black…
Retroactive predictability of 2023’s Black Swan: SVB’s risk mismatch in 10 graphs
Uncover the risk spiral within SVB’s balance sheet, specifically concentration risk in the liability book & duration risk in the asset book, which ultimately was a recipe for disaster