James Stevens, a co-leader of the Financial Services Industry Group at Troutman Pepper, was quoted in the May 5, 2023 Euromoney article, “Silicon Valley Bank: Lessons From a Bank Collapse.”

“I think it’s a little wishful thinking to think [AOCI losses] go to zero, but I do think most people think rates will start to go down at the end of this year,” says James Stevens, banking and fintech partner at Troutman Pepper in Atlanta, Georgia. “And once rates do start to go down, in theory these losses will get smaller.”

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