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Event Q&A September 16, 2026 7 min read

SVB Ruling Redraws the Lines of Bank Accountability test article 16/09/2026 [T1]

SVB Ruling Redraws the Lines of Bank Accountability test article 16/09/2026 [T1]

Deniz Tudor, Former Controls Director, Chatham FinancialLinkedIn profile for Deniz Tudor

Daniela Campisi, Quant in “Internal Validation”, Intesa Sanpaolo S.p.A.

A $1.7 billion judgment arising from Silicon Valley Bank’s collapse could have consequences far beyond the failed lender, sharpening expectations around holding-company governance, board oversight and personal accountability when decisions benefiting a parent expose its banking subsidiary to unacceptable financial risks.

Silicon Valley Bank’s collapse has already transformed thinking around liquidity and interest-rate risk. A new $1.7 billion court ruling could ensure its longer-term legacy extends into boardrooms, redefining where responsibility lies when group strategy weakens a regulated bank.

U.S. District Judge Beth Labson Freeman rejected a $1.71 billion claim brought against the Federal Deposit Insurance Corp. by the successor to SVB’s former parent, finding that executives had breached fiduciary duties by exposing the bank to excessive interest-rate and liquidity risks.

The judgment went considerably further than revisiting familiar mistakes preceding SVB’s March 2023 collapse. Freeman found that holding-company officers caused the bank to assume risks that benefited its parent while operating adversely to the bank itself.

“The holding company chose to run the bank through holding company officers in accordance with the global, enterprise-wide policies, limits, and metrics that the holding company established,” Freeman wrote. “Having made this choice, it must live with the consequences.”

That finding could resonate across banking groups because it puts governance architecture alongside traditional financial risk management.

Deniz Tudor

Former Controls Director, Chatham Financial

Deniz Tudor is a risk and banking executive, thought leader, and tech-forward strategist with more than 20 years of corporate, consulting, and academic expertise. She is known throughout her career for establishing new products, departments, global teams, and companies from the ground up. She has been a trusted C-suite advisor and executive partner spanning a career from Moody’s to Bread Financial and recently Chatham Financial. She’s a transformational change agent who bridges risk and business, drives innovation, builds strong relationships with regulators, auditors, investors, rating agencies, and external consultants. She has a PhD in economics from University of California, San Diego and a master’s in law degree from Fordham University. She also has an accounting degree from Harvard and leadership certificates from MIT and Yale. In her free time, she likes reading, writing, and presenting at industry conferences, running, and spending time with her family.

LinkedIn profile

Daniela Campisi

Quant in “Internal Validation”, Intesa Sanpaolo S.p.A.

Biography coming soon

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