Stay updated with breaking news from Greg Becker. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top executives at Silicon Valley Bank and Signature Bank largely avoided taking responsibility for their banks’ dramatic failures at a Senate hearing today, instead using their time to assign blame to events they said were largely out of their control.
Greg Becker acknowledged that auditors had pointed out flaws in SVB's balance sheet, but said that he was in the process of working with regulators when the bank run occurred.
Faced with multiple questions Tuesday about bonuses paid to SVB Financial executives on the day federal regulators seized Silicon Valley Bank, former CEO Greg…
Striking the balance between cruel and misleading.
“We've always said that good judgment comes from experience, and [experience] comes from bad judgment,” quips the legendary VC from his new outpost in Austin.