For 40 years, Silicon Valley Bank was a tech industry icon however it took just days for it to collapse. Silicon Valley Bank is now known as the biggest U.S. bank failure since the 2008 financial crisis and the second-largest ever. Following the regulatory takeover of SVB, Signature Bank became the third-biggest bank failure in U.S. history. Then, on 03/16/2023 eleven (11) banks announced $30 billion in deposits into First Republic Bank in order to prevent their collapse. What happened at SVB and these other institutions? Join the ACAMS Omaha Chapter for a talk with Anthony Cerasoli, Senior Vice President at FNBO to learn what lead up to the current banking industry environment at what this means for the U.S. economy and regulatory environment for banks in the future.