There was more fallout from the Silicon Valley Bank collapse as the CEO and CFO of its bankrupt parent, SVB Financial, resigned. Read on.
Gregory Becker, chief executive officer of SVB Financial, the former parent of Silicon Valley Bank, resigned during the week of April 17-21 as did the company's chief financial officer.SVB Financial Group, the bankrupt former owner of Silicon Valley Bank, said its chief executive officer and chief financial officer have resigned, more than a month after the lender collapsed into receivership.
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