Re:SVB shows that there are few libertarians in a financial ...
by cronix on Monday March 13, 2023 @04:41PM
(#35142229)
> They just don’t have good risk managers.
It was worse than not having good risk managers... They didn't have a CRO at all for 8 months, until 2 months ago.
> In the run-up to all this, SVB’s proxy statement, filed earlier this month, reveals that the firm’s chief risk officer stepped away from her role early last year, and the bank did not hire a replacement until this past January.
It was worse than not having good risk managers... They didn't have a CRO at all for 8 months, until 2 months ago.
> In the run-up to all this, SVB’s proxy statement, filed earlier this month, reveals that the firm’s chief risk officer stepped away from her role early last year, and the bank did not hire a replacement until this past January.
https://fortune.com/2023/03/10/silicon-valley-bank-chief-ris...