CEO of failed Silicon Valley Bank no longer a director at SF Fed
reuters.com
reuters.com
It's a short note. Full text:
March 10 (Reuters) - The chief executive officer of failed Silicon Valley Bank, Greg Becker, is no longer on the board of directors at the Federal Reserve Bank of San Francisco, a spokesperson for the regional Fed bank said on Friday.
Becker's departure was effective on Friday, the spokesperson said. Earlier on Friday, Silicon Valley Bank was closed by regulators.https://www.netinterest.co/p/the-demise-of-silicon-valley-ba...
“When you’re not working, what do you do to de-stress?”
That was the last question Greg Becker, CEO of Silicon Valley Bank, fielded at an investor conference on Tuesday this week.
“Cycling is my advice,” he replied. “Living in Northern California and being on the peninsula. That’s just—I think it’s the best bike-riding cycling in the world, period.”
Three days later, Becker’s bank is in receivership