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Silicon Valley Bank paid bonuses hours before takeover: report

Por: The Hill Politics March 13, 2023

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Silicon Valley Bank reportedly paid employees their annual bonuses just hours before federal regulators shut down the bank on Friday, reported. Sources told CNBC that the bank had historically paid their bonuses on the second Friday of March, and that their annual bonuses were in the works days before the bank collapse on Friday. The report said that the bonuses were for work done in 2022, according to the sources. showed that 93 percent of the... + full article



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