Why Financial Analysts Missed Silvergate’s Red Flags

Why Financial Analysts Missed Silvergate’s Red Flags


Sell-side financial analysts follow a well-trodden path. They earn an undergraduate degree in finance, economics, mathematics, etc. They take an entry-level position working for a senior analyst. And maybe get a CFA, Series 7, or MBA, and become an expert on a specific sector or subsector (e.g., regional banking).

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