Natalie Lederman, a partner at Sullivan & Worcester. Courtesy photo How Do Fintech and Other Startups Protect Themselves After 2 Historic US Bank Failures?
The most obvious suggestion legal and financial advisers might provide their clients is to, where possible following recent, historic bank collapses, diversify, says an attorney who advises businesses that deal in digital assets.
March 16, 2023 at 02:55 PM
6 minute read
Commentary
The original version of this story was published on New York Law Journal
Two large banks that cater to the fintech industry—Santa Clara's Silicon Valley Bank and New York's Signature Bank—collapsed after a bank run over the weekend of March 10.
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