Name: SVB employees to receive 1.5 times pay for 45 days
Uploaded: 2023-03-12T17:09:36+00:00
Duration: 45 s
Description: New reports say Silicon Valley Bank employees are set to receive 45 days of employment at 1.5 times pay. The bank collapsed Friday morning after an unprecedented bank run that forced California regula

1 year ago

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SVB employees money Bank FDIC economy bank run

New reports say Silicon Valley Bank employees are set to receive 45 days of employment at 1.5 times pay. The bank collapsed Friday morning after an unprecedented bank run that forced California regulators to shutter the tech lender and put it under the control of the FDIC.

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