SVB ex-CEO blames collapse partly on social media
It’s the first time Becker is speaking publicly since March 10, when Silicon Valley Bank was placed into receivership.
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It’s the first time Becker is speaking publicly since March 10, when Silicon Valley Bank was placed into receivership.
Silicon Valley Bank was responsive to regulator concerns and working to address issues when an "unprecedented" bank run led to its failure, former CEO Gary Becker wrote in prepared testimony for the Senate Banking Committee.
Greg Becker, the former chief executive officer of Silicon Valley Bank, is set to appear before the U.S. Congress on Tuesday, two months after the collapse of his bank sparked panic among bank... | May 15, 2023
'The takeover of SVB has been personally and professionally devastating, and I am truly sorry for how this has impacted SVB’s employees, clients and shareholders' - Greg Becker, SVB former CEO.
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