Silicon Valley Bank President Greg Becker: ‘I’m really grieved’

The pre-arranged remarks, delivered Monday in front of a Senate Banking Council hearing in Washington,

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I don’t completely accept that any bank could endure a bank run of that speed and extent,” Becker says in his pre-arranged comments.

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He likewise plans to guard a choice to trade out stock and choices out the weeks prior to the bank imploded.

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The bank’s fall was the start of over two months of mayhem for the territorial financial industry.

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Becker says as the bank got greater in 2021 and 2022, setting off new degrees of US oversight

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