Understanding the collapse of Silicon Valley, Signature banks
By: Allison Hoff
Posted: Mar 15, 2023 6:41 PM EDT
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SOUTH BEND, Ind. -- Professor Sarah Jane Hughes from Indiana University's Maurer School of Law joined ABC57 live for an interview with Tiffany Salameh to help explain and better understand the collapse of Silicon Valley and Signature Banks.
Hughes fielded questions, explaining whether or not concerns over regional banks closing are warranted.
She also discussed the economic impact of such banks being closed and how to stay vigilant with respect to small, regional banks moving forward.