Jay Ritter
Cordell Eminent Scholar Jay Ritter

Even after Silicon Valley Bank’s collapse, WaMu’s is still the biggest

In the hours since the surprise collapse of Silicon Valley Bank with its roughly $209 billion in assets, the U.S. financial system is reeling from the second-largest bank failure in the country’s history.

The rapid failure of Silicon Valley Bank left a gaping hole in the tech industry, and some analysts and banking experts have reflected on the similarities and differences from the only American bank collapse larger than the one from this week: Washington Mutual.

Cordell Eminent Scholar Jay Ritter shares his insights in this story from the Washington Post