By News on the Net -- New York Post——Bio and Archives--March 14, 2023
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Silicon Valley Bank’s new CEO Tim Mayopoulos assured clients Monday that the lender is “open” and “conducting business as usual” — after the stunning collapse of the nation’s 16th-largest bank sparked fears of a major economic crisis.
The Federal Deposit Insurance Corporation (FDIC) named Mayopoulos to lead the newly created bridge bank, named Silicon Valley Bank N.A., Monday after federal regulators shuttered the start-up-focused lender Friday. ---More...
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