SVB CEO Tim Mayopoulos rushes to calm customers as they take money out

SVB CEO Tim Mayopoulos rushes to calm customers as they take money out

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The new, federally-appointed CEO of Silicon Valley Bank (SVB) has sought to calm depositors, telling clients that it is "business as usual" following the bank's collapse on Friday. Tim Mayopoulos replaced Greg Becker as the financial business's chief on Monday. In a letter, he said he recognized…

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