Editorial - Newscom.com

Advertising on the Nasdaq exchange in Times Square in New York for Silicon Valley Bank, now a division of First Citizens Bank, on Sunday, March 17, 2024. A year after the bankâs implosion the bank, under its new management is informing consumers that it is still in business despite last years failure. (Â Richard B. Levine

Mar 17, 2024 06:00 AM

Silicon Valley Bank advertising in New York

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Advertising on the Nasdaq exchange in Times Square in New York for Silicon Valley Bank, now a division of First Citizens Bank, on Sunday, March 17, 2024. A year after the bankâs implosion the bank, under its new management is informing consumers that it is still in business despite last years failure. (Â Richard B. Levine

$Silicon Valley Bank (SVB), Hong Kong office at Jardine House, Central. 13MAR23. SCMP\/ Dickson$

Mar 13, 2023 06:00 AM

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Silicon Valley Bank (SVB), Hong Kong office at Jardine House, Central. 13MAR23. SCMP/ Dickson

$Eric R. Howell, former President, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. Credit: Rod Lamkey \/ CNP$

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May 16, 2023 06:00 AM

118th Congress

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Eric R. Howell, former President, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. Credit: Rod Lamkey / CNP

$(230516) -- WASHINGTON, May 16, 2023 (Xinhua) -- Former CEO of Silicon Valley Bank Gregory W. Becker testifies during a hearing of Senate Committee on Banking, Housing, and Urban Affairs on Examining the Failures of Silicon Valley Bank and Signature Bank in Washington, D.C., the United States, on May 16, 2023. (Photo by Aaron Schwartz\/Xinhua$

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May 16, 2023 06:00 AM

U.S.-WASHINGTON, D.C.-SENATE COMMITTEE-BANK-FAILUR

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(230516) -- WASHINGTON, May 16, 2023 (Xinhua) -- Former CEO of Silicon Valley Bank Gregory W. Becker testifies during a hearing of Senate Committee on Banking, Housing, and Urban Affairs on Examining the Failures of Silicon Valley Bank and Signature Bank in Washington, D.C., the United States, on May 16, 2023. (Photo by Aaron Schwartz/Xinhua

$Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. Credit: Rod Lamkey \/ CNP\/Sipa$

31

May 16, 2023 06:00 AM

DC: Senate Committee on Banking, Housing, and Urba

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Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. Credit: Rod Lamkey / CNP/Sipa

$5\/16\/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Scott A. Shay, former Chairman And Co-Founder, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Scott A. Shay, former Chairman And Co-Founder, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Eric R. Howell, former President, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Eric R. Howell, former President, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Eric R. Howell, former President, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Eric R. Howell, former President, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Scott A. Shay, former Chairman And Co-Founder, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Scott A. Shay, former Chairman And Co-Founder, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$Eric R. Howell, former President, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. Credit: Rod Lamkey \/ CNP$

31

May 16, 2023 06:00 AM

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Eric R. Howell, former President, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. Credit: Rod Lamkey / CNP

$5\/16\/2023 - Washington, District of Columbia, United States of America: Scott A. Shay, former Chairman And Co-Founder, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Scott A. Shay, former Chairman And Co-Founder, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: United States Senator John Neely Kennedy (Republican of Louisiana) questions Gregory W. Becker, Former CEO, Silicon Valley Bank, during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: United States Senator John Neely Kennedy (Republican of Louisiana) questions Gregory W. Becker, Former CEO, Silicon Valley Bank, during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank appears on a tv monitor during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank appears on a tv monitor during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Eric R. Howell, former President, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Eric R. Howell, former President, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: United States Senator Tim Scott (Republican of South Carolina), Ranking Member, US Senate Committee on Banking, Housing, and Urban Affairs is seen on a tv monitor as he questions Gregory W. Becker, Former CEO, Silicon Valley Bank during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: United States Senator Tim Scott (Republican of South Carolina), Ranking Member, US Senate Committee on Banking, Housing, and Urban Affairs is seen on a tv monitor as he questions Gregory W. Becker, Former CEO, Silicon Valley Bank during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: United States Senator Mark Warner (Democrat of Virginia) questions Gregory W. Becker, Former CEO, Silicon Valley Bank, during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: United States Senator Mark Warner (Democrat of Virginia) questions Gregory W. Becker, Former CEO, Silicon Valley Bank, during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank appears on a tv monitor during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank appears on a tv monitor during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: United States Senator Mark Warner (Democrat of Virginia) questions Gregory W. Becker, Former CEO, Silicon Valley Bank, during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: United States Senator Mark Warner (Democrat of Virginia) questions Gregory W. Becker, Former CEO, Silicon Valley Bank, during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: United States Senator John Neely Kennedy (Republican of Louisiana) questions Gregory W. Becker, Former CEO, Silicon Valley Bank, during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: United States Senator John Neely Kennedy (Republican of Louisiana) questions Gregory W. Becker, Former CEO, Silicon Valley Bank, during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

polspphotostwo041960

5/16/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Eric R. Howell, former President, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Eric R. Howell, former President, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Scott A. Shay, former Chairman And Co-Founder, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Scott A. Shay, former Chairman And Co-Founder, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Eric R. Howell, former President, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

polspphotostwo041958

5/16/2023 - Washington, District of Columbia, United States of America: Eric R. Howell, former President, Signature Bank, appears before a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

polspphotostwo041955

5/16/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

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5/16/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: United States Senator John Neely Kennedy (Republican of Louisiana) questions Gregory W. Becker, Former CEO, Silicon Valley Bank, during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

polspphotostwo041951

5/16/2023 - Washington, District of Columbia, United States of America: United States Senator John Neely Kennedy (Republican of Louisiana) questions Gregory W. Becker, Former CEO, Silicon Valley Bank, during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$5\/16\/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank appears on a tv monitor during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey \/ CNP \/ Polaris$

May 16, 2023 06:00 AM

US Senate hearing on recent bank failures

polspphotostwo041952

5/16/2023 - Washington, District of Columbia, United States of America: Gregory W. Becker, Former CEO, Silicon Valley Bank appears on a tv monitor during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. (Rod Lamkey / CNP / Polaris

$WASHINGTON - MAY 16: Chairman Sen. Sherrod Brown, D-Ohio, conducts the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark\/CQ Roll Call$

May 16, 2023 06:00 AM

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WASHINGTON - MAY 16: Chairman Sen. Sherrod Brown, D-Ohio, conducts the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark/CQ Roll Call

$WASHINGTON - MAY 16: Sen. Katie Britt, R-Ala., listens during the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark\/CQ Roll Call$

May 16, 2023 06:00 AM

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WASHINGTON - MAY 16: Sen. Katie Britt, R-Ala., listens during the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark/CQ Roll Call

$WASHINGTON - MAY 16: Chairman Sen. Sherrod Brown, D-Ohio, conducts the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark\/CQ Roll Call$

May 16, 2023 06:00 AM

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WASHINGTON - MAY 16: Chairman Sen. Sherrod Brown, D-Ohio, conducts the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark/CQ Roll Call

$WASHINGTON - MAY 16: Chairman Sen. Sherrod Brown, D-Ohio, conducts the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark\/CQ Roll Call$

May 16, 2023 06:00 AM

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WASHINGTON - MAY 16: Chairman Sen. Sherrod Brown, D-Ohio, conducts the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark/CQ Roll Call

$WASHINGTON - MAY 16: Sen. Thom Tillis, R-N.C., attends the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark\/CQ Roll Call$

May 16, 2023 06:00 AM

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WASHINGTON - MAY 16: Sen. Thom Tillis, R-N.C., attends the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark/CQ Roll Call

$WASHINGTON - MAY 16: Former CEO of Silicon Valley Bank Gregory Becker testifies during the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark\/CQ Roll Call$

May 16, 2023 06:00 AM

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WASHINGTON - MAY 16: Former CEO of Silicon Valley Bank Gregory Becker testifies during the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark/CQ Roll Call

$WASHINGTON - MAY 16: Sen. Thom Tillis, R-N.C., questions bank executives during the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark\/CQ Roll Call$

May 16, 2023 06:00 AM

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WASHINGTON - MAY 16: Sen. Thom Tillis, R-N.C., questions bank executives during the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark/CQ Roll Call

$WASHINGTON - MAY 16: Sen. Kevin Cramer, R-N. Dak., attends the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark\/CQ Roll Call$

May 16, 2023 06:00 AM

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WASHINGTON - MAY 16: Sen. Kevin Cramer, R-N. Dak., attends the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark/CQ Roll Call

$WASHINGTON - MAY 16: Sen. Elizabeth Warren, D-Mass., questions bank executives during the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark\/CQ Roll Call$

May 16, 2023 06:00 AM

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WASHINGTON - MAY 16: Sen. Elizabeth Warren, D-Mass., questions bank executives during the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark/CQ Roll Call

$WASHINGTON - MAY 16: Sen. Elizabeth Warren, D-Mass., questions bank executives during the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark\/CQ Roll Call$

May 16, 2023 06:00 AM

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WASHINGTON - MAY 16: Sen. Elizabeth Warren, D-Mass., questions bank executives during the Senate Banking Housing and Urabn Affairs Committee hearing on âExamining the Failures of Silicon Valley Bank and Signature Bankâ in Washington on Tuesday, May 16, 2023. (Bill Clark/CQ Roll Call

Former CEO of Silicon Valley Bank Gregory Becker looks on during a Senate Banking, Housing and Urban Affairs hearing on the recent failures of Silicon Valley Bank and Signature Bank at the U.S. Capitol in Washington, DC on Tuesday, May 16, 2023. Photo by Bonnie Cash

17

May 16, 2023 06:00 AM

SILICON VALLEY BANK FAILURES

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Former CEO of Silicon Valley Bank Gregory Becker looks on during a Senate Banking, Housing and Urban Affairs hearing on the recent failures of Silicon Valley Bank and Signature Bank at the U.S. Capitol in Washington, DC on Tuesday, May 16, 2023. Photo by Bonnie Cash

Gregory W. Becker, Former CEO, Silicon Valley Bank appears on a tv monitor during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. Credit: Rod Lamkey

May 16, 2023 06:00 AM

118th Congress

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Gregory W. Becker, Former CEO, Silicon Valley Bank appears on a tv monitor during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. Credit: Rod Lamkey

Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. Credit: Rod Lamkey

May 16, 2023 06:00 AM

118th Congress

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Gregory W. Becker, Former CEO, Silicon Valley Bank, responds to questions during a Senate Committee on Banking, Housing, and Urban Affairs hearing to examine the failures of Silicon Valley Bank and Signature Bank, in the Dirksen Senate Office Building in Washington, DC, Tuesday, May 16, 2023. Credit: Rod Lamkey