The Yale Program on Financial Stability (YPFS) reviewed SVB’s public financials and concluded that its liquidity coverage ratio (LCR) would have been 75% at the end of 2022. Under the original 2014 version of the rule, banks with $250 billion in assets or $10 billion in foreign exposures had to maintain their LCR ratios above 100%. SVB would have been subject to that ratio because its foreign exposures met the threshold.
To get to compliance, the bank would have needed far more high-quality liquid assets — $18 billion more to get to a 100% LCR, and $36 billion more to get to the 125% LCR that US global systemically important banks maintain on average.