BBCNEWS Asia July 6, 2024
bank and signature bank are facing lawmakers who blame the poor management for the banks failures. the bank ran into trouble after depositors removed their funds causing a panic within the banking system. congress want to know what went wrong. it was the first time anyone had heard from the former ceo of silicon valley bank after the spectacular collapse of the financial institution, he ran for more than a decade. becker apologised what happened but did not seem to take any responsibility for the eventual collapse. in the former executives that were there were slammed for the million...