The unexpected and unprecedented failure of two of California’s largest independent financial institutions in early 2023 shook the banking world. Bank counsel is now under pressure, as legal professionals and risk managers, to advise their management and boards holistically on how to manage the types of risks involved in those bank failures. Join us as we take a look at the circumstances that led to those failures, an insider’s perspective on managing a banking crisis, lessons learned, what you can do more proactively at your institution, and what challenges lie ahead from a regulatory perspective as regulators and legislators come to terms with these events.

SPEAKERS:
Michael Delune
Managing Director, General Counsel
Manufacturers Bank

Craig Miller
Partner
Manatt, Phelps & Phillips, LLP