The executive cut his teeth during the dotcom bubble and later steered the startup\u002Dfocused lender in the wake of the 2008 global financial crisis.
“We’re optimistic because our crystal ball is a little clearer,” Becker told CNBC. While he expected public markets to stabilize, “We still think in the first half there is going to be more volatility.”
“We took losses. It was a challenging time for us… I look back on it fondly. I learned a lot about the institution. I learned a lot about how to lend money,” he said.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
SVB Financial CEO asks Silicon Valley Bank clients to 'stay calm' as shares sink - BNN BloombergUnease is spreading across the financial world as concerns about the stability of Silicon Valley Bank prompt prominent venture capitalists including Peter Thiel’s Founders Fund to advise startups to withdraw their money.
Lire la suite »
Crypto VCs ask portfolios to pull funds from Silicon Valley BankCrypto-focused venture capital investors have advised their portfolio companies to withdraw funds from Silicon Valley Bank. SVB Financial Group, the parent company of Silicon Valley Bank, lost more than 60% of its value on 9 March. Crypto-focused venture capital investors have advised their portfolio companies to withdraw funds from Silicon Valley Bank, which is struggling […]
Lire la suite »
Critic's picks: Noah Becker Quartet; Sebastian Gaskin; Nat King Cole SongbookOur Arts reporter's top picks for the week ahead: Noah Becker Quartet returns to Hermann's, Sebastian Gaskin appears for Voices in Circle finale, and Denzel Sinclaire channels Nat King Cole.
Lire la suite »
Banking dominos continue to fall as Silicon Valley Bank is seizedFollowing the demise of Silvergate Bank, Silicon Valley Bank now finds itself on the ropes as a 2008-style banking collapse may be starting to accelerate.
Lire la suite »
Silicon Valley Bank fails, shut down by California regulatorA California regulator shut Silicon Valley Bank on Friday and appointed the Federal Deposit Insurance Corporation as receiver. Read more.
Lire la suite »
Silicon Valley Bank fails, shut down by FDIC after run on depositsThe FDIC seized assets of Silicon Valley Bank on Friday after depositors began withdrawing their money creating a run on the bank. Read on.
Lire la suite »