March 15, 2023 BY Steffy Bogdanova

Regulators investigate SVB’s collapse, Fed to consider tightening rules for midsized banks

According to securities filings, Mr Becker, SVB’s Chief Executive, and Mr Beck, the Chief Financial Officer, sold shares the week before the bank’s collapse. Becker sold $2.3 million worth of shares and Beck sold more than $575,000 worth of shares, which amounts to one third of his holdings in the company. SEC Chair Gary Gensler…

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