As Wall Street reels from the swift demise of Silicon Valley Bank the biggest American bank failure since the 2008 financial meltdown some social media users are honing in on a single culprit: its socially aware, or "woke," agenda. But the Santa Clara-based institution s professed commitment to diversity, equity and inclusion, or DEI, wasn t a driver of the bank s collapse, say banking and financial experts.
FACT FOCUS: Claims link woke policies to bank s demise mymotherlode.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mymotherlode.com Daily Mail and Mail on Sunday newspapers.
FACT FOCUS: Claims link woke policies to bank s demise apnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from apnews.com Daily Mail and Mail on Sunday newspapers.