SVB former CEO ties collapse to rumors, Fed Reserve’s interest rate hike

Silicon Valley Bank former CEO Greg Becker blamed the bank’s failure on an unprecedented bank run following rumors about the bank and the Federal Reserve’s interest rate hikes. In a May 16 testimony before the US Senate Banking Committee, the former bank executive claimed that social media fueled the bank run — adding that no financial […] The post SVB former CEO ties collapse to rumors, Fed Reserve’s interest rate hike appeared first on CryptoSlate. дальше »

2023-5-16 15:00