By now most of us know that the SVB fiasco was a clear case of asset-liability mismatch. Smaller the bank higher the chances of ALM when any asset class shows an unusually large move — in this case it was ‘interest rates’.
By now most of us know that the SVB fiasco was a clear case of asset-liability mismatch. Smaller the bank higher the chances of ALM when any asset class shows an unusually large move — in this case it was ‘interest rates’.