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> [0]: https://www.ft.com/content/6e23a2fb-484e-418d-b309-bf558b3a6 https://www.ft.com/content/6e23a2fb-484e-418d-b309-bf558b3a6... Yes, it's very clear what F
by momirlan 4y ago
> [0]: https://www.ft.com/content/6e23a2fb-484e-418d-b309-bf558b3a6 https://www.ft.com/content/6e23a2fb-484e-418d-b309-bf558b3a6...
Yes, it's very clear what FT reveals about SVB, and it's not at all what Axios learned from their article:
"However, insiders complained as the bank grew at breakneck speed, its top management became inordinately focused on social issues and overly reliant on the use of expensive consultants to explore new strategies, when they should have prioritised management of the bank’s expansion and properly hedging against its interest rate risk."