Silicon Valley Bank’s new CEO urges customers to bring deposits back

Silicon Valley Bank’s new CEO urges customers to bring deposits back

Upworthy

Published

SVB’s new CEO Tim Mayopoulos has had a lot to say in the 24 hours since he joined the bank on Monday. In a private Zoom meeting run by SVB for a select number of LPs and investors, he asked clients to return deposits to the institutions: “That’s the single-most important thing you can do to ensure…

#svb #timmayopoulos #siliconvalleybank #fanniemae #svbbridgebank #siliconvalleybridge #fdic #federalreserves #mayopolous #faq

Full Article