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Related Special Reports
...Becker said he has “no intention of using or selling” the securities, which would force SVB to recognise the loss....
...Not so in 2023: reports of Becker’s words leaked into the internet, fuelling a stampede. In a few hours, some $42bn — or a quarter of SVB’s funds — departed....
...“The result is that Russian security partners initially gain a sovereign capability . . ....
...Verdane has hired Erich Becker as a partner focused on sustainable investing. He previously worked at firms including Generate Capital and Macquarie....
...in the same week in March, and bank runs exacerbated by social media....
...Citibank said it had fired an employee who had posted an antisemitic comment on social media....
...But comms and PR teams have made the world a duller place. And I struggle to think of a single other case of company heads going for the literal jugular....
...The expansive social network of David Geovanis, a former banker he had known since Drexel, helped....
...Becker and his finance team decided to liquidate almost all of the bank’s “available for sale” securities portfolio and to reinvest the proceeds in shorter-term assets that would earn higher interest rates...
...The quality of democracy enjoyed by an average global citizen in 2022 is back to the levels of 1986, according to the V-Dem Institute, which assesses democracies’ health on five principles: electoral, liberal...
...Security guards are posted at each of its street entrances (my taxi driver guesses the company has “something to do with the government”)....
...Like clockwork, the haters of environmental, social and governance (ESG) investing sought to pin Silicon Valley Bank’s problems on its ESG efforts....
...SVB executives were also deeply committed to social justice, according to several of its ex-employees....
...[The] manner of the comms and the lack of notice haven’t helped bring people with him.”...
...Security Research....
...“I started selling these things in 1977, when people aspired to understand social history through ceramics,” he says. But tastes and lifestyles moved on....
...Maybe some do — but others surely exert their power because, whether through physical strength or greater security in the workplace, they think they’ll get away with it....
...I mean, on defence, comm, interior, foreign affairs, all those portfolios will be under the control of the Popular party for sure. So, to some extent I’m not worried of that....
...Letter in response to this article: Philanthropes counter government cuts / From Brandon Becker, New York, New York, US...
...Its ruling Law and Justice party remains deeply regressive on social issues and it is hard to believe Poland would be welcoming to non-white refugees....
...Taiwan is an intensely politicised place, where women and other marginalised groups have been neglected to sustain a social order that often doesn’t serve them....
...“It’s a level up from the social platforms.”...
...Jitney Old Vic, London Three plays; three tight-knit groups of people banging up against the social barriers around them....
...Tech tools — VanMoof S5 and A5 Ahead of its introduction of the VanMoof V high-speed e-bike later this year, the Dutch company has unveiled new versions of its existing e-bikes today....
...China’s 380mn itinerant migrant workers are “periphery”, she says, which means they are the first to be laid off when companies are hit by downturns, a problem exacerbated by unequal access to social security...
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