In today’s episode, Stephanie and John discuss the broad topic of banks and banking and how corporate boards and officers should think about their banking options in light of the recent collapse of Silicon Valley Bank and fears of the potential for similar collapses. They are joined by Chris Pippett, a Fox Rothschild Partner who chairs the firm’s Financial Services Industry Practice Group and frequently advises banks and other financial institutions on corporate governance issues. This wide-ranging discussion will touch on best practices for companies and boards, including knowing your bank and its position; diversifying banking relationships; the components of conducting due diligence; and how to think about risk management as it applies to a company’s banking choices.
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