Major Shakeup in Banking: Consequences for Silicon Valley Bank Executives
In a significant move, the Federal Deposit Insurance Corporation (FDIC) has initiated lawsuits against high-ranking former officials of Silicon Valley Bank (SVB). This decision, propelled by the actions of Dennis Kelleher, President and CEO of Better Markets, aims to hold those accountable whose decisions contributed to the bank’s sudden downfall. The FDIC’s action has been … Read more