SVB’s UK arm issues 15M pounds in bonuses after symbolic bailout: Report
Insider sources reportedly described the bonus pool as “modest,” adding that the stock held by senior execs had been “rendered worthless” following SVB UK’s “near-collapse.”
Post from: Cointelegraph.com News
Tags: Bank of England, Silicon Valley Bank, Erin Platts, Chapter 11, William Kosturos, Chief restructing officer, SVB Capital, SVB Securities.