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066 - WTF happened to SVB, with Victor Horcasitas

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Manage episode 358766421 series 2709471
Content provided by MarsBased. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by MarsBased or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

A couple of weeks ago, shit hit the fan. A bank run on Silicon Valley Bank had to be intervened because hundreds of companies pulled their funds out of this popular bank.
The US 16th largest bank, very popular among tech companies and startups, had to be sold because it became insolvent due to a series of bad decisions and their accumulated derivates.
We bring in our good friend Victor Horcasitas, CEO at Metropolitan Magazine and President of the American Society of Barcelona, to discuss the happenings and their consequences: how it all happened, what kind of regulations are in place, the decisions of former administrations that might've had an impact in this particular situation, predictions of the future, how to diversify banking risk for companies, and much more.
Grab a very cold clara and join us in this friendly conversation with Victor and Àlex!

Support the Show.

🎬 You can watch the video of this episode on the Life on Mars podcast website: https://podcast.marsbased.com/

  continue reading

80 episodes

Artwork
iconShare
 
Manage episode 358766421 series 2709471
Content provided by MarsBased. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by MarsBased or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

A couple of weeks ago, shit hit the fan. A bank run on Silicon Valley Bank had to be intervened because hundreds of companies pulled their funds out of this popular bank.
The US 16th largest bank, very popular among tech companies and startups, had to be sold because it became insolvent due to a series of bad decisions and their accumulated derivates.
We bring in our good friend Victor Horcasitas, CEO at Metropolitan Magazine and President of the American Society of Barcelona, to discuss the happenings and their consequences: how it all happened, what kind of regulations are in place, the decisions of former administrations that might've had an impact in this particular situation, predictions of the future, how to diversify banking risk for companies, and much more.
Grab a very cold clara and join us in this friendly conversation with Victor and Àlex!

Support the Show.

🎬 You can watch the video of this episode on the Life on Mars podcast website: https://podcast.marsbased.com/

  continue reading

80 episodes

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