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SVB ex-parent's CEO, CFO resign after bank's collapse
short by Mansi Agarwal / on Saturday, 22 April, 2023
SVB Financial Group, the ex-owner of collapsed Silicon Valley Bank, on Friday said its CEO Gregory Becker and CFO Daniel Beck resigned this week. Becker will act as a consultant "on an as-needed basis at no cost to the company", it stated. The bank was taken over by the government last month after its stock crashed 60% in a day.
read more at Reuters