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Why nobody should be that surprised, nor that concerned, about the recent failure of specialty banks.
A guest blog post by Matthew S. Clement, CFP®, AIF®. Matthew is the President of Emerald Retirement Planning Group, Inc., located in Stony Point, NY First, an introduction: Regulators seized the assets of Silicon Valley Bank (SVB) on Friday, March 10. There was a “run on the bank” because depositors were anxious about the overall health of the bank. This represents the … [Read more...] about Why nobody should be that surprised, nor that concerned, about the recent failure of specialty banks.