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  • 2023
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  • 📰 JUST IN – FDIC and Federal Reserve discuss fund to backstop deposits if more banks fail following Silicon Valley Bank’s collapse — Bloomberg
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📰 JUST IN – FDIC and Federal Reserve discuss fund to backstop deposits if more banks fail following Silicon Valley Bank’s collapse — Bloomberg

March 11, 2023
Frank

JUST IN – FDIC and Federal Reserve discuss fund to backstop deposits if more banks fail following Silicon Valley Bank’s collapse — Bloomberg

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📰 Joseph Gentile, Chief Administrative Officer at SVB Securities. Prior to joining the firm in 2007, Mr. Gentile served as the CFO for Lehman Brothers’ Global Investment Bank where he directed the accounting and financial needs within the Fixed Income division. https://t.co/yEUWRlS6yR
📰 Khosla Ventures sent an email to founders saying that the venture capital firm would step in and cover payroll for some of its portfolio companies if they had shortfalls because of funds tied up with Silicon Valley Bank.  – BBG

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