Friday, 24 March, 2023

Silicon Valley Bank's New CEO Urges Customers to Bring Deposits Back

<p>Silicon Valley Bank&#39;s new CEO urges customers to bring deposits back, as the bank is seeking to grow its deposit base. In an effort to attract more deposits, the bank has lowered its minimum deposit requirement and is offering higher interest rates. The new CEO plans to focus on building relationships with startups and their investors, as well as expanding the bank&#39;s services to help customers manage their cash flow.</p>