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SVB Chief Greg Becker sold $3.6 million in stock days before bank’s failure

Summary by Bloomberg
Silicon Valley Bank Chief Executive Officer Greg Becker sold $3.6 million of company stock under a trading plan less than two weeks before the firm disclosed extensive losses that led to its failure.

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Bias Distribution

  • 59% of the sources lean Right
59% Right
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Wall Street Journal broke the news in New York, United States on Friday, March 10, 2023.
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