Silicon Valley Bank Collapse: New CEO Urges VC Clients to Return Deposits

  • March 15, 2023
  • Tim Mayopoulos was appointed by the Federal Deposit Insurance Corporation (FDIC) as the new CEO of Silicon Valley Bank.
  • Mayopoulos urges top venture capital clients to move deposits back to the bank.
  • FDIC took control of SVB after its collapse.
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[Via]

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