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Theme: Bank Run or Take Down?

Interview: Solution Series: Securing Your Privacy from Big Tech with Rob Braxman

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125 Comments

  1. Catherine,
    what’s your take on the current events around Silicon Valley Bank in California?
    Thanks Christian

  2. https://www.msn.com/en-us/money/news/silicon-valley-bank-s-collapse-sends-shivers-through-china-startups/ar-AA18tlDO

    Chinese startups have long relied on SVB, which has forged ties with local government officials in Shanghai, for venture capital funds after traditional US banks turned them away. The Chinese government exerts strict controls over its currency and imposes restrictions on foreign investments — making SVB one of the few lenders willing to work with China-based startups seeking capital from offshore investors.

    https://www.svbsecurities.com/team/joseph-gentile/

    Joseph Gentile is the 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.

    2. Thank you, Rich! That may explain why SVB was taken down. That’s my best guess now.

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