Silicon Valley Bank execs enjoyed generous compensation in recent years, with CEO and CFO packages up 30% from 2018
The demise of Silicon Valley Bank is shining a light on stock sales made by execs days before it failed. Even before that, they enjoyed generous compensation.
Date: | Mar. 18, 2023 7:58 AM ET |
Link: | More at "MarketWatch" |
Source: | MarketWatch.com - Top Stories - marketwatch.com |
Category: | Business |
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Silicon Valley Bank: parent company, CEO and CFO sued amid market turmoil
Proposed class-action lawsuit claims bank failed to reveal how rising interest rates made it ‘particularly susceptible’ to failureSVB Financial Group and two top executives have been sued by shareholders over the collapse of Silicon Valley Bank, ...
Mar. 14, 2023 - The Guardian - World -
Tester tells Fed to 'claw back' bonuses from Silicon Valley Bank execs
Sen. Jon Tester (D-Mon.) called on the Federal Reserve and federal regulators to “claw back” bonuses that were reportedly paid to Silicon Valley Bank executives just hours before the federal government took over the now-defunct bank. “I’m calling ...
Mar. 14, 2023 - Just In News | The Hill - Politics - Federal reserve -
Start-ups begin to recover money trapped in Silicon Valley Bank.
Mar. 13, 2023 - NYT > Top Stories - Top stories -
Silicon Valley Bank Collapse Threatens Climate Start-Ups
The bank had relationships with more than 1,500 companies working on technologies aimed at curbing global warming.
Mar. 12, 2023 - NYT > Top Stories - Top stories - Climate -
Silicon Valley Bank: crash leaves start-ups vulnerable to takeovers
Buying distressed start-ups and sweeping up fleeing SVB customers are just some of the potential opportunities
Mar. 12, 2023 - UK homepage - Business -
Senators call on former Silicon Valley Bank, Signature Bank CEOs to testify
Sens. Sherrod Brown and Tim Scott said the former CEOs of the failed banks should "answer for" their banks' "downfall" in Senate testimony.
Mar. 23, 2023 - US Top News and Analysis - Business -
Op-ed: ESG investing and 2018 change in bank laws didn't cause Silicon Valley Bank to collapse, says former Sen. Heitkamp
Former U.S. Sen. Heidi Heitkamp argues Democrats and Republicans have been too quick to place political blame after Silicon Valley Bank's collapse.
Mar. 21, 2023 - US Top News and Analysis - Business -
Senate panel calls on Silicon Valley and Signature banks' ex-CEOs to testify
The Senate Banking Committee called on the former chief executives of Silicon Vally Bank and Signature Bank to testify on the banks’ failures.
Mar. 23, 2023 - NBC News Politics - Politics -
Senate panel calls on Silicon Valley and Signature banks' ex-CEOs to testify
The Senate Banking Committee called on the former chief executives of Silicon Vally Bank and Signature Bank to testify on the banks’ failures.
Mar. 23, 2023 - NBC News Top Stories - Top stories -
Easy Loans, Great Service: Why Silicon Valley Loved Silicon Valley Bank
SVB helped many in the venture-capital world to survive and prosper, and then the market cooled.
Mar. 16, 2023 - WSJ.com: US Business - Business -
Meet Tim Mayopoulos, the CEO of What Remains of Silicon Valley Bank
The F.D.I.C. named Tim Mayopoulos as chief executive of Silicon Valley Bridge Bank. His job is to keep calm and carry on.
Mar. 15, 2023 - NYT > Top Stories - Top stories -
Schumer giving donations received from Silicon Valley Bank, CEO to charity
Senate Majority Leader Chuck Schumer (D-N.Y.) will be gifting donations received from former Silicon Valley Bank CEO and the institution's PAC to charities, just days after federal regulators shut down the bank. A source who knew of the matter ...
Mar. 14, 2023 - Just In News | The Hill - Politics -
Chuck Schumer gives campaign donations from Silicon Valley Bank's ex-CEO, PAC to charity
The Senate Majority Leader Schumer received campaign donations from both the CEO and political action committee of shuttered Silicon Valley Bank.
Mar. 14, 2023 - US Top News and Analysis - Business -
New Silicon Valley Bank CEO urges customers to return
The new CEO for Silicon Valley Bank asked customers for their support amid the recent bank collapse, saying that the bank is "open for business." Silicon Valley Bank was assumed by the new Silicon Valley Bridge Bank, a "bridge bank" operated by ...
Mar. 14, 2023 - Just In News | The Hill - Politics -
Warren presses ex-Silicon Valley Bank CEO on efforts to roll back Wall Street Reform law
Sen. Elizabeth Warren (D-Mass.) is pressing Greg Becker, who was CEO of Silicon Valley Bank when it collapsed, for answers about his role in lobbying Congress to roll back banking safeguards in the 2010 Dodd-Frank Wall Street Reform Act, which ...
Mar. 14, 2023 - Just In News | The Hill - Politics -
Startup CEO says he cannot pay his employees amid Silicon Valley Bank collapse
Alex Meshkin, the CEO and co-founder of health care startup Flow Health joined CBS News to explain how he had to delay paying his employees after the collapse of Silicon Valley Bank.
Mar. 13, 2023 - Home - CBSNews.com - Top stories -
SVB shutdown leaves Silicon Valley start-ups anxious about their funds
Companies that banked with California-based lender worry about how they will carry on operating after collapse
Mar. 10, 2023 - UK homepage - Business -
Fed was aware of Silicon Valley Bank problems more than a year before its collapse
The Federal Reserve cautioned Silicon Valley Bank on multiple occasions, ABC News confirmed.
Mar. 20, 2023 - ABC News: Top Stories - Top stories -
Fed had expressed its concerns over Silicon Valley Bank for years: reports
Serious weaknesses first found in 2019, WSJ reports; FDIC reportedly to relaunch SVB sale this week in two parts
Mar. 19, 2023 - MarketWatch.com - Top Stories - Business -
GE CEO Larry Culp agrees to $10 million cut in compensation
General Electric CEO Larry Culp has agreed to a cut in his compensation in response to shareholder feedback, according to a regulatory filing on Thursday.
Mar. 16, 2023 - MarketWatch.com - Top Stories - Business -
Wolverine spotted outside its normal range in Oregon for first time in over 30 years
Two fishers spotted the mammal near Portland's Columbia River.
Mar. 23, 2023 - Home - CBSNews.com - Top stories -
Elusive animal spotted outside its usual range for the first time in over 30 years
A wolverine was spotted this week by people fishing on the Columbia River near Portland, according to the Oregon Department of Fish and Wildlife.
Mar. 23, 2023 - CNN.com - RSS Channel - HP Hero - Top stories -
We must break away from the status quo forestry policies of the last 30 years
Since its establishment 90 years ago, the farm bill’s primary focuses have been to secure an adequate supply of domestic food, keep food prices fair for farmers and consumers, and promote conservation practices on our nation’s farmlands. Created ...
Mar. 21, 2023 - Just In News | The Hill - Politics -
‘Led to the edge of the apocalypse’: 30 years on from the Waco massacre
A new Netflix docuseries looks back at the siege that saw a cult standoff lead to the deaths of 82 peopleA siege, a massacre, a tragedy – call it what you will, the great shootout dominated the nightly news for two months of 1993 and seared itself ...
Mar. 21, 2023 - The Guardian - World -
Victim's father marks 30 years since Warrington IRA bombing
Colin Parry says spending the last three decades campaigning for peace has kept his family together.
Mar. 20, 2023 - BBC News - Home - Top stories