Banking Crisis
The failures of First Republic, SVB, and Signature Bank, along with UBS’s takeover of Credit Suisse, triggered ongoing market instability, bank collapses, and consumer trepidation, pushing the banking industry deeper into turmoil. WIT has built a diverse team of banking experts from industry and academia who can provide specific subject matter expertise to advise lawyers representing parties embroiled in legal disputes spurred by the and inform economists’ valuations and related opinions.
The banking sector continues to face significant challenges, driven by the volatility of the 2023 crisis. Today, regulatory scrutiny, digital asset policies, and the intersection of AI in financial analysis have reshaped the industry’s stability. For each bank or company that fails or is taken over, we anticipate battles involving:
- Shareholder suits
- SEC/DOJ investigations
- Counterparty suits by other banks and companies
- Customer suits to recover lost investments/deposits
- Criminal actions for securities fraud, insider trading, and embezzlement
Our Experts
WIT represents banking experts who are esteemed academics, experienced industry insiders, and regulatory specialists who are prepared to provide vital insights to market players embroiled in civil, regulatory, and criminal investigations and lawsuits. These experts can address our clients’ needs in the sector, whether it be to understand specific banking operations and technologies, explain banking industry practices and policies, or matters that involve damages analyses. Their expertise covers:
- Bank Charters
- Banking Industry Growth and Consolidation
- Banking Industry Policies and Standards
- Banking Apps and Technology
- Banking Operations and Due Diligence
- Cryptocurrencies and Digital Assets
- Digital Banking
- Economic Conditions and Market Environment
- Fiduciary Responsibility
- Management of Capital, Liquidity Strategies, and Counterparty Relationships
- Regulatory and Compliance
- Trading Platforms & Transactions