Behind the Curtain of Silicon Valley Bank: A Look at the CFO’s past at Lehman Brothers
California regulators recently ordered the closure of the Silicon Valley Bank . It all started when a number of concerns about the bank’s struggle to acquire capital came to light. This inability slowly turned into an effect when the bank was considering its sale. The bank has now closed as a result of the series of events. Also read: Here’s How Circle USDC’s Relationship with Silicon Valley Bank Led to the Current Chaos An interesting thing to note is that the chief administrative officer of SVB, Joseph Gentile, was previously part of the now-collapsed Lehman Brothers as a chief financial officer. JUST IN: Silicon Valley Bank $SIVB Chief Administrative Officer served as Lehman Brother’s CFO prior to joining the bank. — Watcher.Guru (@WatcherGuru) March 11, 2023 Joseph Gentile joined Silicon Valley Bank in 2007 Joseph Gentile became a part of the Silicon Valley Bank in 2007. Before joining SVB, Gentile was a part of Lehman Broth...