CEO Greg Becker Was There for SVB’s Quick Rise and Even Quicker Fall


Greg Becker and two prime lieutenants, Chief Monetary Officer Daniel Beck and President Michael Descheneaux, had been on the helm of Silicon Valley Financial institution because it rode a wave of low charges and easy-money insurance policies.

Final 12 months, when the world modified and the Federal Reserve began elevating charges at its quickest tempo in a long time, all of them however ignored it, betting that rates of interest would fall and homing in on the boom-and-bust tech business.

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