Silicon Valley Bank Risk Dept. Prioritized Woke Programs, Had No Risk Chief Months Before Collapse
A new report finds that Silicon Valley Bank operated without a chief risk officer for nine months ahead of its catastrophic collapse—while the chief risk officer of its European branch worked to bring new LGBTQ initiatives to the bank. The sudden collapse of SVB is the second-largest failure in history of a U.S. financial institution. … Continue reading Silicon Valley Bank Risk Dept. Prioritized Woke Programs, Had No Risk Chief Months Before Collapse
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