3 ms·
Regarding the workers of SVB itself, I'm not sure what will happen once the receiver process is finished, but for now workers are being given 1.5x pay by the FD
by ummonk 4y ago
Regarding the workers of SVB itself, I'm not sure what will happen once the receiver process is finished, but for now workers are being given 1.5x pay by the FDIC for staying on. Hopefully they'll be able to stay on afterwards via an acquiring bank.