Kneejerk regulatory reaction to SVB risks lending squeeze

Risk manager at regional bank says any Dodd-Frank 2.0 would be ‘fighting the last war’

Silicon Valley Bank
Photo: Minh Nguyen/Wikimedia/

A senior risk officer at a US regional bank has cautioned against a rushed regulatory response to the failure of Silicon Valley Bank, warning that an overreaction could cause a broader economic crisis by squeezing lending even further.

Stephen Boras, head of model risk management and validation at Citizens Bank, urged regulators instead to take a considered approach. He emphasised these views were his own, rather than those of Citizens Bank.

“I think what we need to do is have a cooling-off

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

Modernising compliance functions with regtech

Regtech addresses the complexities of regulatory requirements, offering innovative tools to modernise compliance functions, streamline processes and enhance efficiency. This article explores its role in compliance and reporting within the banking sector,…

Most read articles loading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here